£212,276
This estimated value is based upon the latest sale price for the house of £174,000 on 26 Jun 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£174,000 | 26 Jun 2020 |
£174,000 | 26 Jun 2020 |
£142,500 | 29 Mar 2018 |
£180,000 | 25 Jan 2008 |
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 June 2020 the House Price Index for WEST MIDLANDS was 122.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.998%.Applying this 21.998% change to the original purchase price of £174,000 results in an estimated price of approximately £212,276.
26 Jun 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.7 | 149.7 | 21.998 % | £174,000 | £38,276 | £212,276 |
The Postcode Pricing Model uses changes in average sales price within the WS4 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 | 26.104 % | £45,421 | £219,421 |
3 Month Average | 26.572 % | £46,234 | £220,234 |
6 Month Average | 25.283 % | £43,992 | £217,992 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Dec 2023 | £505,534 | £490,000 | 79 CAMERON ROAD |
30 Oct 2023 | £306,972 | £300,000 | 24 CAMERON ROAD |
4 Aug 2023 | £524,459 | £515,000 | 85 CAMERON ROAD |
21 Jun 2023 | £413,282 | £405,000 | 15 FERNLEIGH ROAD |
12 Aug 2022 | £324,015 | £322,500 | 2 STENCILLS DRIVE |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 16 May 2016. Using an estimated price of £212,276 means this house is valued at £3,479 per sq meter (£323 per sq foot).
The average size of a house on MELLISH ROAD is 116 sq meters (1,250 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Violence and sexual offences | Under investigation | On or near Fernleigh Road |
Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stencills Drive |
Sep 2024 | Criminal damage and arson | Under investigation | On or near Stencills Drive |
Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Rushall Manor Road |
Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rushall Manor Road |