£549,745
This estimated value is based upon the latest sale price for the house of £369,950 on 16 Jan 2015. 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 |
|---|---|
| £369,950 | 16 Jan 2015 |
| £300,000 | 23 Jun 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 171 sq meters or 1,840 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 January 2015 the House Price Index for WEST MIDLANDS was 100.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 48.600%.Applying this 48.600% change to the original purchase price of £369,950 results in an estimated price of approximately £549,745.
| 16 Jan 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.0 | 148.6 | 48.600 % | £369,950 | £179,795 | £549,745 |
The Postcode Pricing Model uses changes in average sales price within the B73 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 | -1.674 % | £-6,191 | £363,758 |
| 3 Month Average | 39.802 % | £147,247 | £517,197 |
| 6 Month Average | 35.064 % | £129,718 | £499,668 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £665,825 | £660,000 | 137 MONMOUTH DRIVE |
| 14 Jul 2022 | £548,978 | £547,500 | 97 MONMOUTH DRIVE |
| 31 Mar 2022 | £658,546 | £635,501 | 27 CORBRIDGE ROAD |
| 16 Feb 2022 | £865,173 | £825,000 | 119 MONMOUTH DRIVE |
| 27 Aug 2021 | £635,901 | £570,000 | 6 MATFEN AVENUE |
This house has a floor area of 171 sq meters or 1,840 sq feet when measured on 16 Jun 2014. Using an estimated price of £549,746 means this house is valued at £3,214 per sq meter (£298 per sq foot).
The average size of a house on MONMOUTH DRIVE is 156 sq meters (1,683 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Corbridge Road |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Stonehouse Road |
| Mar 2024 | Drugs | Awaiting court outcome | On or near Stonehouse Road |
| Mar 2024 | Anti-social behaviour | On or near Stonehouse Road | |
| Mar 2024 | Anti-social behaviour | On or near Stonehouse Road |