£157,587
This estimated value is based upon the latest sale price for the house of £143,000 on 21 Oct 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£143,000 | 21 Oct 2021 |
£94,500 | 22 Jul 2005 |
£82,500 | 26 Sep 2003 |
£53,000 | 28 Feb 2003 |
Terraced |
Freehold |
Floor Area: 94 sq meters or 1,011 sq feet |
This model uses changes in the Official Land Registry House Price Index for WEST MIDLANDS to estimate the market value.
When this house was purchased in October 2021 the House Price Index for WEST MIDLANDS was 134.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 10.201%.Applying this 10.201% change to the original purchase price of £143,000 results in an estimated price of approximately £157,587.
21 Oct 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
134.3 | 148.0 | 10.201 % | £143,000 | £14,587 | £157,587 |
The Postcode Pricing Model uses changes in average sales price within the B67 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | 14.019 % | £20,047 | £163,047 |
3 Month Average | -3.469 % | £-4,960 | £138,039 |
6 Month Average | -6.669 % | £-9,536 | £133,463 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Mar 2024 | £205,695 | £205,000 | 58 ROSEFIELD ROAD |
10 Mar 2023 | £196,060 | £195,000 | 44 ROSEFIELD ROAD |
13 Jan 2023 | £213,128 | £215,000 | 72 ARDEN ROAD |
4 Nov 2022 | £162,367 | £165,000 | 81 ROSEFIELD ROAD |
13 Jul 2022 | £129,825 | £130,000 | 82 ARDEN ROAD |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 3 Mar 2017. Using an estimated price of £157,587 means this house is valued at £1,676 per sq meter (£155 per sq foot).
The average size of a house on ARDEN ROAD is 88 sq meters (947 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Edward Road |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Edward Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Rosefield Road |
Mar 2024 | Burglary | Unable to prosecute suspect | On or near Rosefield Road |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Rosefield Road |