£172,517
This estimated value is based upon the latest sale price for the house of £140,000 on 16 Nov 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £140,000 | 16 Nov 2018 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 882 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 November 2018 the House Price Index for WEST MIDLANDS was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.227%.Applying this 23.227% change to the original purchase price of £140,000 results in an estimated price of approximately £172,517.
| 16 Nov 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.227 % | £140,000 | £32,517 | £172,517 |
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 | 82.537 % | £115,551 | £255,551 |
| 3 Month Average | 39.806 % | £55,729 | £195,729 |
| 6 Month Average | 15.298 % | £21,417 | £161,417 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Jun 2023 | £184,232 | £182,000 | 62 ROSEBERY ROAD |
| 24 Mar 2023 | £111,046 | £110,000 | 18 DURBAN ROAD |
| 27 Jan 2023 | £174,180 | £175,000 | 80 TRAFALGAR ROAD |
| 29 Sep 2021 | £150,863 | £140,000 | 6 DURBAN ROAD |
| 20 Aug 2021 | £166,227 | £149,000 | 51 ROSEBERY ROAD |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 9 Oct 2018. Using an estimated price of £172,517 means this house is valued at £2,103 per sq meter (£195 per sq foot).
The average size of a house on DURBAN ROAD is 95 sq meters (1,023 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Offender given a caution | On or near Durban Road |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Durban Road |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Durban Road |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Durban Road |
| Jan 2024 | Theft from the person | Unable to prosecute suspect | On or near Rosebery Road |