£210,054
This estimated value is based upon the latest sale price for the house of £75,000 on 26 Jul 2002. 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 Margaret Road
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| Price Paid | Date |
|---|---|
| £75,000 | 26 Jul 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 67 sq meters or 721 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 2002 the House Price Index for WEST MIDLANDS was 53.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 180.072%.Applying this 180.072% change to the original purchase price of £75,000 results in an estimated price of approximately £210,054.
| 26 Jul 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 53.1 | 148.6 | 180.072 % | £75,000 | £135,054 | £210,054 |
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 | 50.150 % | £37,612 | £112,612 |
| 3 Month Average | 127.220 % | £95,414 | £170,414 |
| 6 Month Average | 135.138 % | £101,353 | £176,353 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £272,383 | £270,000 | 15 GEORGE ROAD |
| 6 Apr 2023 | £343,701 | £340,000 | 36 COLLEGE FARM DRIVE |
| 16 Feb 2023 | £314,788 | £315,000 | 17 COLLEGE FARM DRIVE |
| 17 Aug 2022 | £329,114 | £330,000 | 42 GEORGE ROAD |
| 5 Aug 2022 | £284,235 | £285,000 | 8 COLLEGE FARM DRIVE |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 10 Nov 2011. Using an estimated price of £210,054 means this house is valued at £3,135 per sq meter (£291 per sq foot).
The average size of a house on COLLEGE ROAD is 99 sq meters (1,067 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Under investigation | On or near Margaret Road |
| Feb 2024 | Burglary | Under investigation | On or near Margaret Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Margaret Road |
| Mar 2024 | Shoplifting | Unable to prosecute suspect | On or near George Road |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near George Road |