£152,589
This estimated value is based upon the latest sale price for the house of £153,000 on 17 Aug 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £153,000 | 17 Aug 2022 |
| £124,000 | 11 Dec 2020 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 796 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 August 2022 the House Price Index for WEST MIDLANDS was 149.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.268%.Applying this -0.268% change to the original purchase price of £153,000 results in an estimated price of approximately £152,589.
| 17 Aug 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 148.6 | -0.268 % | £153,000 | £-410 | £152,589 |
The Postcode Pricing Model uses changes in average sales price within the B63 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 | -33.585 % | £-51,384 | £101,615 |
| 3 Month Average | -22.422 % | £-34,306 | £118,693 |
| 6 Month Average | -19.094 % | £-29,213 | £123,786 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £162,404 | £160,000 | 18 TEME ROAD |
| 22 Sep 2023 | £187,649 | £185,250 | 4 HUMBER GARDENS |
| 22 Jun 2023 | £75,920 | £75,000 | 106 TWO GATES |
| 28 Apr 2023 | £272,939 | £270,000 | 12 TANHOUSE LANE |
| 16 Sep 2022 | £165,662 | £167,000 | 49 TWO GATES |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 7 Jul 2015. Using an estimated price of £152,589 means this house is valued at £2,062 per sq meter (£191 per sq foot).
The average size of a house on SEVERN ROAD is 94 sq meters (1,015 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Under investigation | On or near Teme Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Teme Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Teme Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Teme Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Humber Gardens |