£326,720
This estimated value is based upon the latest sale price for the house of £255,000 on 30 Jun 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£255,000 | 30 Jun 2017 |
Detached |
Freehold |
Floor Area: 126 sq meters or 1,356 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 June 2017 the House Price Index for WEST MIDLANDS was 116.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.126%.Applying this 28.126% change to the original purchase price of £255,000 results in an estimated price of approximately £326,720.
30 Jun 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.0 | 148.6 | 28.126 % | £255,000 | £71,720 | £326,720 |
The Postcode Pricing Model uses changes in average sales price within the B23 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 | 22.404 % | £57,130 | £312,130 |
3 Month Average | 27.495 % | £70,113 | £325,113 |
6 Month Average | 21.244 % | £54,172 | £309,172 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Jan 2023 | £291,129 | £292,500 | 25 STEEL MAITLAND AVENUE |
26 Aug 2022 | £189,490 | £190,000 | 47 BALDMOOR LAKE ROAD |
11 Jul 2022 | £258,195 | £257,500 | 23 STEEL MAITLAND AVENUE |
18 Feb 2022 | £178,278 | £170,000 | 45 BALDMOOR LAKE ROAD |
29 Nov 2021 | £170,879 | £158,000 | 29 TOPCROFT ROAD |
This house has a floor area of 126 sq meters or 1,356 sq feet when measured on 12 May 2017. Using an estimated price of £326,720 means this house is valued at £2,593 per sq meter (£240 per sq foot).
The average size of a house on ARTHUR WAY is 150 sq meters (1,619 sq feet).
This house is the largest in the street with a floor area of 126 sq meters (1,356 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mothers Grove |
Feb 2024 | Criminal damage and arson | Under investigation | On or near Mothers Grove |
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Steel Maitland Avenue |
Feb 2024 | Anti-social behaviour | On or near Steel Maitland Avenue | |
Feb 2024 | Anti-social behaviour | On or near Steel Maitland Avenue |