£329,805
This estimated value is based upon the latest sale price for the house of £265,000 on 17 Nov 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £265,000 | 17 Nov 2017 |
| £139,950 | 13 Dec 2002 |
| £50,500 | 4 Apr 1996 |
| £32,000 | 11 Aug 1995 |
| Terraced |
| Freehold |
| Floor Area: 112 sq meters or 1,205 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 November 2017 the House Price Index for WEST MIDLANDS was 117.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 24.455%.Applying this 24.455% change to the original purchase price of £265,000 results in an estimated price of approximately £329,805.
| 17 Nov 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 146.7 | 24.455 % | £265,000 | £64,805 | £329,805 |
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 | -10.398 % | £-27,554 | £237,445 |
| 3 Month Average | 10.878 % | £28,825 | £293,825 |
| 6 Month Average | 18.025 % | £47,765 | £312,765 |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 2 Jul 2021.
The average size of a house on INSTITUTE ROAD is 103 sq meters (1,111 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Melton Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Melton Road |
| Mar 2024 | Possession of weapons | Under investigation | On or near Richmond Place |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Richmond Place |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Richmond Place |