£266,279
This estimated value is based upon the latest sale price for the house of £105,000 on 20 Dec 2002. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Fairholme Road
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| Price Paid | Date |
|---|---|
| £105,000 | 20 Dec 2002 |
| £79,000 | 14 Dec 2001 |
| £54,000 | 6 Nov 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 72 sq meters or 775 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 2002 the House Price Index for WEST MIDLANDS was 58.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 153.600%.Applying this 153.600% change to the original purchase price of £105,000 results in an estimated price of approximately £266,279.
| 20 Dec 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 58.6 | 148.6 | 153.600 % | £105,000 | £161,279 | £266,279 |
The Postcode Pricing Model uses changes in average sales price within the B36 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 | 286.191 % | £300,500 | £405,500 |
| 3 Month Average | 144.925 % | £152,170 | £257,170 |
| 6 Month Average | 145.626 % | £152,906 | £257,906 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £506,476 | £500,000 | 18 FAIRHOLME ROAD |
| 28 Apr 2023 | £192,068 | £190,000 | 104 BROMFORD ROAD |
| 17 Apr 2023 | £222,395 | £220,000 | 72 FAIRHOLME ROAD |
| 31 Jan 2023 | £179,156 | £180,000 | 75 FAIRHOLME ROAD |
| 9 Sep 2022 | £595,194 | £600,000 | 26 FAIRHOLME ROAD |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 20 Oct 2014. Using an estimated price of £266,280 means this house is valued at £3,698 per sq meter (£343 per sq foot).
The average size of a house on FAIRHOLME ROAD is 84 sq meters (905 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Fairholme Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Fairholme Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Fairholme Road |
| Jan 2024 | Drugs | Local resolution | On or near Fairholme Road |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Pan Croft |