£119,412
This estimated value is based upon the latest sale price for the house of £110,000 on 9 Sep 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £110,000 | 9 Sep 2021 |
| £81,000 | 16 Aug 2013 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 74 sq meters or 796 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 September 2021 the House Price Index for WEST MIDLANDS was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £110,000 results in an estimated price of approximately £119,412.
| 9 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £110,000 | £9,412 | £119,412 |
The Postcode Pricing Model uses changes in average sales price within the B62 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 | -3.264 % | £-3,590 | £106,409 |
| 3 Month Average | 13.818 % | £15,199 | £125,199 |
| 6 Month Average | 12.606 % | £13,866 | £123,866 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £350,774 | £339,995 | 174 WOODBURY ROAD |
| 25 Oct 2023 | £266,042 | £260,000 | 146 WOODBURY ROAD |
| 16 Oct 2023 | £378,599 | £370,000 | 8 RIDGEWAY AVENUE |
| 6 Oct 2023 | £179,067 | £175,000 | 279 SPIES LANE |
| 30 Jun 2023 | £295,930 | £290,000 | 98 WOODBURY ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 30 Mar 2013. Using an estimated price of £119,413 means this house is valued at £1,613 per sq meter (£149 per sq foot).
The average size of a house on BINSWOOD ROAD is 80 sq meters (868 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Public order | Unable to prosecute suspect | On or near Binswood Road |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Clarendon Place |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hagley Road West |
| Sep 2024 | Drugs | Local resolution | On or near A458 |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Apsley Close |