£360,905
This estimated value is based upon the latest sale price for the house of £295,000 on 5 Jul 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £295,000 | 5 Jul 2018 |
| £215,000 | 8 Jan 2010 |
| £365,000 | 4 Sep 2006 |
| £170,000 | 20 Oct 2005 |
| £129,950 | 2 Mar 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 128 sq meters or 1,377 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 July 2018 the House Price Index for WEST MIDLANDS was 119.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 22.341%.Applying this 22.341% change to the original purchase price of £295,000 results in an estimated price of approximately £360,905.
| 5 Jul 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 146.7 | 22.341 % | £295,000 | £65,905 | £360,905 |
The Postcode Pricing Model uses changes in average sales price within the B14 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 | 0.705 % | £2,078 | £297,078 |
| 3 Month Average | 4.774 % | £14,083 | £309,083 |
| 6 Month Average | 18.032 % | £53,193 | £348,193 |
This house has a floor area of 128 sq meters or 1,377 sq feet when measured on 10 Jun 2020.
The average size of a house on MERCIA DRIVE is 87 sq meters (945 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Mercia Drive |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Mercia Drive |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Mercia Drive |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hazelwell Drive |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Hazelwell Drive |