£161,246
This estimated value is based upon the latest sale price for the house of £162,000 on 4 Nov 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £162,000 | 4 Nov 2022 |
| £76,000 | 28 Jun 2013 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 57 sq meters or 613 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 November 2022 the House Price Index for WEST MIDLANDS was 150.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of -0.465%.Applying this -0.465% change to the original purchase price of £162,000 results in an estimated price of approximately £161,246.
| 4 Nov 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.4 | 149.7 | -0.465 % | £162,000 | £-753 | £161,246 |
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 | -11.935 % | £-19,334 | £142,665 |
| 3 Month Average | -14.161 % | £-22,941 | £139,058 |
| 6 Month Average | -5.214 % | £-8,446 | £153,553 |
| 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 57 sq meters or 613 sq feet when measured on 14 Nov 2012. Using an estimated price of £161,246 means this house is valued at £2,828 per sq meter (£262 per sq foot).
The average size of a house on DUDLEY ROAD is 76 sq meters (824 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 |