£133,333
This estimated value is based upon the latest sale price for the house of £120,000 on 27 Aug 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £120,000 | 27 Aug 2021 |
| £85,000 | 25 May 2017 |
| Terraced |
| Freehold |
| 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 August 2021 the House Price Index for WEST MIDLANDS was 133.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 11.111%.Applying this 11.111% change to the original purchase price of £120,000 results in an estimated price of approximately £133,333.
| 27 Aug 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 148.0 | 11.111 % | £120,000 | £13,333 | £133,333 |
The Postcode Pricing Model uses changes in average sales price within the B64 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 | -5.277 % | £-6,332 | £113,667 |
| 3 Month Average | -16.452 % | £-19,742 | £100,257 |
| 6 Month Average | -10.054 % | £-12,065 | £107,934 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Mar 2023 | £236,277 | £235,000 | 5 SURFEIT HILL ROAD |
| 13 Feb 2023 | £162,233 | £163,000 | 28 SURFEIT HILL ROAD |
| 4 Jul 2022 | £184,750 | £185,000 | 1 SURFEIT HILL ROAD |
| 1 Apr 2022 | £179,487 | £175,000 | 3 ROSE VILLAS |
| 18 Feb 2022 | £156,669 | £150,000 | 12 MEADOW WALK |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 27 May 2021. Using an estimated price of £133,333 means this house is valued at £2,185 per sq meter (£203 per sq foot).
The average size of a house on CORNGREAVES ROAD is 96 sq meters (1,043 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Apr 2024 | Other theft | Under investigation | On or near Petrol Station |
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Petrol Station |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Petrol Station |