£298,576
This estimated value is based upon the latest sale price for the house of £174,995 on 19 Apr 2012. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £174,995 | 19 Apr 2012 |
| Detached |
| Freehold |
| Floor Area: 90 sq meters or 974 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 April 2012 the House Price Index for WEST MIDLANDS was 87.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.620%.Applying this 70.620% change to the original purchase price of £174,995 results in an estimated price of approximately £298,576.
| 19 Apr 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 148.6 | 70.620 % | £174,995 | £123,581 | £298,576 |
The Postcode Pricing Model uses changes in average sales price within the DY4 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 | -6.755 % | £-11,820 | £163,174 |
| 3 Month Average | 3.526 % | £6,169 | £181,164 |
| 6 Month Average | 26.644 % | £46,625 | £221,620 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Jul 2022 | £252,680 | £252,000 | 20 THURSFIELD ROAD |
| 3 Dec 2021 | £241,060 | £225,000 | 62 ROSEMARY ROAD |
| 10 Sep 2021 | £204,743 | £190,000 | 24 LOCARNO ROAD |
| 9 Aug 2021 | £293,407 | £263,000 | 14 LOWER COMBALL |
| 18 Dec 2020 | £376,450 | £328,000 | 5 UPPER CHURCH LANE |
This house has a floor area of 90 sq meters or 974 sq feet when measured on 7 Mar 2012. Using an estimated price of £298,576 means this house is valued at £3,298 per sq meter (£306 per sq foot).
The average size of a house on HOUSE MEADOW is 127 sq meters (1,377 sq feet).
This house is the smallest in the street with a floor area of 90 sq meters (974 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Drugs | Under investigation | On or near Lower Lapwing Piece |
| Dec 2023 | Burglary | Unable to prosecute suspect | On or near Lower Longlands |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Locarno Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Locarno Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Locarno Road |