£1,044,928
This estimated value is based upon the latest sale price for the house of £754,999 on 3 Dec 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £754,999 | 3 Dec 2015 |
| Freehold |
| Floor Area: 73 sq meters or 785 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 December 2015 the House Price Index for WEST MIDLANDS was 107.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 38.401%.Applying this 38.401% change to the original purchase price of £754,999 results in an estimated price of approximately £1,044,928.
| 3 Dec 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 148.6 | 38.401 % | £754,999 | £289,929 | £1,044,928 |
The Postcode Pricing Model uses changes in average sales price within the B64 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 | 67.819 % | £512,032 | £1,267,031 |
| 3 Month Average | 47.599 % | £359,374 | £1,114,373 |
| 6 Month Average | 48.732 % | £367,929 | £1,122,928 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £248,173 | £245,000 | 56 BARRS ROAD |
| 3 Jul 2023 | £182,456 | £180,000 | 82 COPPICE ROAD |
| 20 Jan 2023 | £181,644 | £182,500 | 54 VALLEY ROAD |
| 14 Apr 2022 | £242,003 | £235,000 | 65 BARRS ROAD |
| 18 Feb 2022 | £110,113 | £105,000 | 4 TIMBERTREE COURT VALLEY ROAD |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 10 Apr 2014. Using an estimated price of £1,044,929 means this house is valued at £14,314 per sq meter (£1,329 per sq foot).
The average size of a house on VALLEY ROAD is 86 sq meters (930 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Wallace Rise |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wallace Rise |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wallace Rise |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bradleys Close |
| Feb 2024 | Anti-social behaviour | On or near Bradleys Close |