£184,171
This estimated value is based upon the latest sale price for the house of £175,000 on 6 Jan 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £175,000 | 6 Jan 2022 |
| £136,000 | 23 Mar 2018 |
| £140,000 | 24 Feb 2006 |
| £135,000 | 8 Oct 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 129 sq meters or 1,388 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 January 2022 the House Price Index for WEST MIDLANDS was 141.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 5.241%.Applying this 5.241% change to the original purchase price of £175,000 results in an estimated price of approximately £184,171.
| 6 Jan 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 148.6 | 5.241 % | £175,000 | £9,171 | £184,171 |
The Postcode Pricing Model uses changes in average sales price within the B66 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 | 45.062 % | £78,858 | £253,858 |
| 3 Month Average | 20.902 % | £36,578 | £211,578 |
| 6 Month Average | 4.820 % | £8,435 | £183,435 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Mar 2024 | £235,000 | £235,000 | 25 ANDERSON ROAD |
| 25 Sep 2023 | £709,066 | £700,000 | 477 HAGLEY ROAD |
| 28 Jul 2023 | £912,278 | £900,000 | 618 - 620 BEARWOOD ROAD |
| 3 Jul 2023 | £202,729 | £200,000 | 27 ANDERSON ROAD |
| 27 Mar 2023 | £161,522 | £160,000 | 578 BEARWOOD ROAD |
This house has a floor area of 129 sq meters or 1,388 sq feet when measured on 10 Dec 2012. Using an estimated price of £184,171 means this house is valued at £1,427 per sq meter (£132 per sq foot).
The average size of a house on POPLAR ROAD is 107 sq meters (1,152 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Drugs | Unable to prosecute suspect | On or near Anderson Road |