£280,312
This estimated value is based upon the latest sale price for the house of £225,000 on 24 Apr 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £225,000 | 24 Apr 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 64 sq meters or 688 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 2019 the House Price Index for WEST MIDLANDS was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.583%.Applying this 24.583% change to the original purchase price of £225,000 results in an estimated price of approximately £280,312.
| 24 Apr 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.583 % | £225,000 | £55,312 | £280,312 |
The Postcode Pricing Model uses changes in average sales price within the B43 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 | 71.784 % | £161,514 | £386,514 |
| 3 Month Average | 25.025 % | £56,306 | £281,306 |
| 6 Month Average | 19.902 % | £44,778 | £269,778 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £287,497 | £285,000 | 92 WHITECREST |
| 24 Nov 2023 | £335,517 | £327,000 | 82 WHITECREST |
| 6 Nov 2023 | £366,811 | £357,500 | 92 SCOTT ROAD |
| 1 Sep 2023 | £368,115 | £360,000 | 24 WILLOW ROAD |
| 25 Aug 2023 | £229,133 | £225,000 | 4 CAPENER ROAD |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 7 Jan 2019. Using an estimated price of £280,313 means this house is valued at £4,379 per sq meter (£406 per sq foot).
The average size of a house on WHITECREST is 81 sq meters (881 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near St Margaret'S Road |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Scott Road |
| Jul 2024 | Other theft | Under investigation | On or near George Road |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near George Road |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Holly Wood |