£170,434
This estimated value is based upon the latest sale price for the house of £157,000 on 30 Sep 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Birmingham Road
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| Price Paid | Date |
|---|---|
| £157,000 | 30 Sep 2021 |
| £123,500 | 2 Jul 2010 |
| £58,000 | 22 Dec 2000 |
| £44,000 | 11 Jul 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 69 sq meters or 742 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 September 2021 the House Price Index for WEST MIDLANDS was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £157,000 results in an estimated price of approximately £170,434.
| 30 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £157,000 | £13,434 | £170,434 |
The Postcode Pricing Model uses changes in average sales price within the B72 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 | 40.537 % | £63,642 | £220,642 |
| 3 Month Average | 25.997 % | £40,814 | £197,814 |
| 6 Month Average | 12.275 % | £19,272 | £176,272 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Oct 2023 | £562,782 | £550,000 | 29 VESEY ROAD |
| 18 Feb 2022 | £507,099 | £480,000 | 4 FINSTALL CLOSE |
| 11 Feb 2022 | £591,616 | £560,000 | 7 VESEY ROAD |
| 12 Nov 2021 | £147,085 | £135,000 | FLAT 8 GRENFELL COURT, 192 BIRMINGHAM ROAD |
| 30 Sep 2021 | £170,434 | £157,000 | FLAT 9 GRENFELL COURT, 192 BIRMINGHAM ROAD |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 24 May 2021. Using an estimated price of £170,434 means this house is valued at £2,470 per sq meter (£229 per sq foot).
The average size of a house on BIRMINGHAM ROAD is 111 sq meters (1,199 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Birmingham Road |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Birmingham Road |
| Sep 2024 | Other theft | Unable to prosecute suspect | On or near Birmingham Road |
| Aug 2024 | Drugs | Offender given a caution | On or near Birmingham Road |
| Sep 2024 | Other theft | Under investigation | On or near Finstall Close |