£138,907
This estimated value is based upon the latest sale price for the house of £114,995 on 21 Aug 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £114,995 | 21 Aug 2020 |
| £114,995 | 21 Aug 2020 |
| £102,000 | 21 Oct 2016 |
| 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 August 2020 the House Price Index for WEST MIDLANDS was 123.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 20.794%.Applying this 20.794% change to the original purchase price of £114,995 results in an estimated price of approximately £138,907.
| 21 Aug 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 149.7 | 20.794 % | £114,995 | £23,912 | £138,907 |
The Postcode Pricing Model uses changes in average sales price within the B63 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 | 46.687 % | £53,687 | £168,682 |
| 3 Month Average | 6.516 % | £7,493 | £122,488 |
| 6 Month Average | 15.303 % | £17,598 | £132,593 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 May 2024 | £161,000 | £161,000 | 18 FURNACE HILL |
| 28 Mar 2024 | £198,043 | £195,000 | 4B MELBOURNE ROAD |
| 19 Mar 2024 | £12,187 | £12,000 | 89 DUDLEY ROAD |
| 6 Oct 2023 | £281,391 | £275,000 | 22 MELBOURNE ROAD |
| 22 Sep 2023 | £84,871 | £83,000 | 63 DUDLEY ROAD |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 29 Aug 2014. Using an estimated price of £138,907 means this house is valued at £2,277 per sq meter (£211 per sq foot).
The average size of a house on DUDLEY ROAD is 77 sq meters (830 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stour Court |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Melbourne Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Melbourne Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Melbourne Road |
| Aug 2024 | Anti-social behaviour | On or near Melbourne Road |