£134,258
This estimated value is based upon the latest sale price for the house of £56,500 on 18 Jun 2003. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £56,500 | 18 Jun 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 72 sq meters or 780 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 2003 the House Price Index for WEST MIDLANDS was 63.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 137.625%.Applying this 137.625% change to the original purchase price of £56,500 results in an estimated price of approximately £134,258.
| 18 Jun 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 63.0 | 149.7 | 137.625 % | £56,500 | £77,758 | £134,258 |
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 | 59.667 % | £33,711 | £90,211 |
| 3 Month Average | 67.950 % | £38,391 | £94,891 |
| 6 Month Average | 101.672 % | £57,444 | £113,944 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Oct 2023 | £150,995 | £147,566 | 82 BENDALL ROAD |
| 6 Oct 2023 | £185,206 | £181,000 | 64 BENDALL ROAD |
| 28 Sep 2023 | £178,945 | £175,000 | 66 BENDALL ROAD |
| 3 Mar 2023 | £188,142 | £185,000 | 73 BENDALL ROAD |
| 25 Aug 2022 | £185,869 | £185,000 | 110 BENDALL ROAD |
This house has a floor area of 72 sq meters or 780 sq feet when measured on 17 Mar 2010. Using an estimated price of £134,258 means this house is valued at £1,851 per sq meter (£172 per sq foot).
The average size of a house on WELSHMANS HILL is 83 sq meters (896 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Welshmans Hill |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Welshmans Hill |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Welshmans Hill |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Welshmans Hill |
| Apr 2024 | Drugs | Under investigation | On or near Welshmans Hill |