£262,943
This estimated value is based upon the latest sale price for the house of £222,500 on 30 Oct 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Birmingham Road
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| Price Paid | Date |
|---|---|
| £222,500 | 30 Oct 2020 |
| £163,000 | 24 Jun 2014 |
| £75,000 | 21 Aug 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 82 sq meters or 882 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 October 2020 the House Price Index for WEST MIDLANDS was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £222,500 results in an estimated price of approximately £262,943.
| 30 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £222,500 | £40,443 | £262,943 |
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 | 7.123 % | £15,849 | £238,349 |
| 3 Month Average | 9.870 % | £21,960 | £244,460 |
| 6 Month Average | 1.181 % | £2,628 | £225,128 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Oct 2023 | £294,181 | £287,500 | FLAT 14 HOLLYHURST COURT, 224 BIRMINGHAM ROAD |
| 3 Oct 2023 | £562,782 | £550,000 | 29 VESEY ROAD |
| 18 Mar 2022 | £143,541 | £137,500 | FLAT 7 OSBORN COURT STATION ROAD |
| 11 Feb 2022 | £591,616 | £560,000 | 7 VESEY ROAD |
| 12 Nov 2021 | £147,085 | £135,000 | FLAT 8 GRENFELL COURT, 192 BIRMINGHAM ROAD |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 12 Mar 2014. Using an estimated price of £262,943 means this house is valued at £3,206 per sq meter (£297 per sq foot).
The average size of a house on STATION ROAD is 117 sq meters (1,269 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Birmingham Road |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Birmingham Road |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Vesey Road |
| Sep 2024 | Other theft | Unable to prosecute suspect | On or near Birmingham Road |
| Aug 2024 | Drugs | Offender given a caution | On or near Birmingham Road |