£561,539
This estimated value is based upon the latest sale price for the house of £102,500 on 22 Aug 1996. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £102,500 | 22 Aug 1996 |
| Terraced |
| Freehold |
| Floor Area: 172 sq meters or 1,851 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 August 1996 the House Price Index for WEST MIDLANDS was 26.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 447.843%.Applying this 447.843% change to the original purchase price of £102,500 results in an estimated price of approximately £561,539.
| 22 Aug 1996 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.8 | 146.7 | 447.843 % | £102,500 | £459,039 | £561,539 |
The Postcode Pricing Model uses changes in average sales price within the B16 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 | 39.899 % | £40,896 | £143,396 |
| 3 Month Average | 356.253 % | £365,159 | £467,659 |
| 6 Month Average | 370.013 % | £379,263 | £481,763 |
This house has a floor area of 172 sq meters or 1,851 sq feet when measured on 12 Apr 2012.
The average size of a house on MELVILLE ROAD is 111 sq meters (1,200 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Holly Road |
| Mar 2024 | Other theft | Under investigation | On or near Holly Road |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Holly Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Holly Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Holly Road |