£351,401
This estimated value is based upon the latest sale price for the house of £104,950 on 22 Jun 2001. 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 Merecote Road
More crime details
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| Price Paid | Date |
|---|---|
| £104,950 | 22 Jun 2001 |
| £62,500 | 28 Feb 1997 |
| Semi-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 2001 the House Price Index for WEST MIDLANDS was 43.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 234.828%.Applying this 234.828% change to the original purchase price of £104,950 results in an estimated price of approximately £351,401.
| 22 Jun 2001 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 43.8 | 146.7 | 234.828 % | £104,950 | £246,451 | £351,401 |
The Postcode Pricing Model uses changes in average sales price within the B92 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 | 226.686 % | £237,907 | £342,857 |
| 3 Month Average | 176.453 % | £185,186 | £290,136 |
| 6 Month Average | 186.811 % | £196,057 | £301,007 |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 21 Aug 2014.
The average size of a house on MERECOTE ROAD is 92 sq meters (999 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Merecote Road |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Brookfield Way |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Swanswell Road |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Swanswell Road |
| Mar 2024 | Shoplifting | Unable to prosecute suspect | On or near Brook Lane |