£250,977
This estimated value is based upon the latest sale price for the house of £72,500 on 5 Apr 2001. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There have been two burglaries within the last year on or near Birmingham Road
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| Price Paid | Date |
|---|---|
| £72,500 | 5 Apr 2001 |
| £58,000 | 16 Sep 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 61 sq meters or 656 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 April 2001 the House Price Index for WEST MIDLANDS was 42.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 246.176%.Applying this 246.176% change to the original purchase price of £72,500 results in an estimated price of approximately £250,977.
| 5 Apr 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 42.9 | 148.6 | 246.176 % | £72,500 | £178,477 | £250,977 |
The Postcode Pricing Model uses changes in average sales price within the B73 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 | 85.717 % | £62,144 | £134,644 |
| 3 Month Average | 193.411 % | £140,222 | £212,722 |
| 6 Month Average | 182.965 % | £132,649 | £205,149 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Mar 2022 | £142,486 | £137,500 | FLAT 7 OSBORN COURT STATION ROAD |
| 25 Feb 2022 | £199,252 | £190,000 | FLAT 8 DUNCAN HOUSE STATION ROAD |
| 18 Feb 2022 | £503,373 | £480,000 | 4 FINSTALL CLOSE |
| 11 Feb 2022 | £587,269 | £560,000 | 7 VESEY ROAD |
| 12 Nov 2021 | £146,004 | £135,000 | FLAT 8 GRENFELL COURT, 192 BIRMINGHAM ROAD |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 9 Jun 2020. Using an estimated price of £250,978 means this house is valued at £4,114 per sq meter (£382 per sq foot).
The average size of a house on STATION ROAD is 117 sq meters (1,269 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Birmingham Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Birmingham Road |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Birmingham Road |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Birmingham Road |
| Mar 2024 | Anti-social behaviour | On or near Birmingham Road |