£333,649
This estimated value is based upon the latest sale price for the house of £315,000 on 30 Jun 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £315,000 | 30 Jun 2021 |
| £240,000 | 20 Nov 2006 |
| Detached |
| Freehold |
| Floor Area: 77 sq meters or 828 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 June 2021 the House Price Index for WEST MIDLANDS was 138.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 5.921%.Applying this 5.921% change to the original purchase price of £315,000 results in an estimated price of approximately £333,649.
| 30 Jun 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 146.7 | 5.921 % | £315,000 | £18,649 | £333,649 |
The Postcode Pricing Model uses changes in average sales price within the WS9 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 | -37.574 % | £-118,359 | £196,640 |
| 3 Month Average | -19.650 % | £-61,897 | £253,102 |
| 6 Month Average | -13.865 % | £-43,673 | £271,326 |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 29 Jun 2020.
The average size of a house on ERDINGTON ROAD is 137 sq meters (1,481 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Wheatland Grove |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Wheatland Grove |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Wheatland Grove |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Wheatland Grove |
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Weston Crescent |