£63,802
This estimated value is based upon the latest sale price for the house of £44,000 on 31 Jul 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £44,000 | 31 Jul 2015 |
| £55,000 | 22 Dec 2004 |
| £23,250 | 22 Nov 1998 |
| £20,000 | 28 Feb 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 66 sq meters or 710 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 July 2015 the House Price Index for WEST MIDLANDS was 103.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 45.006%.Applying this 45.006% change to the original purchase price of £44,000 results in an estimated price of approximately £63,802.
| 31 Jul 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 149.7 | 45.006 % | £44,000 | £19,802 | £63,802 |
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 | 38.939 % | £17,133 | £61,133 |
| 3 Month Average | 47.401 % | £20,856 | £64,856 |
| 6 Month Average | 60.376 % | £26,565 | £70,565 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Apr 2024 | £54,473 | £54,000 | FLAT 3 42 SOUTH ROAD |
| 20 Sep 2023 | £190,193 | £186,000 | 7 GREEN STREET |
| 6 Sep 2023 | £173,832 | £170,000 | 36 QUEENS CLOSE |
| 24 Apr 2023 | £194,641 | £191,000 | 23 QUEENS CLOSE |
| 31 Mar 2023 | £162,717 | £160,000 | 23 DYNES WALK |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 21 Mar 2014. Using an estimated price of £63,803 means this house is valued at £966 per sq meter (£89 per sq foot).
The average size of a house on SOUTH ROAD is 95 sq meters (1,032 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Queens Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Queens Close |
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Queens Close |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Green Street |
| Jun 2024 | Public order | Local resolution | On or near Green Street |