£549,673
This estimated value is based upon the latest sale price for the house of £325,000 on 6 Apr 2011. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There have been two burglaries within the last year on or near Westley Road
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| Price Paid | Date |
|---|---|
| £325,000 | 6 Apr 2011 |
| Detached |
| Freehold |
| Floor Area: 341 sq meters or 3,670 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 April 2011 the House Price Index for WEST MIDLANDS was 86.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 69.130%.Applying this 69.130% change to the original purchase price of £325,000 results in an estimated price of approximately £549,673.
| 6 Apr 2011 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.7 | 146.7 | 69.130 % | £325,000 | £224,673 | £549,673 |
The Postcode Pricing Model uses changes in average sales price within the B27 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 | 97.458 % | £316,737 | £641,737 |
| 3 Month Average | 76.086 % | £247,281 | £572,281 |
| 6 Month Average | 57.438 % | £186,672 | £511,672 |
This house has a floor area of 341 sq meters or 3,670 sq feet when measured on 18 Jun 2013.
The average size of a house on WESTLEY ROAD is 130 sq meters (1,408 sq feet).
This house is the largest in the street with a floor area of 341 sq meters (3,670 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Westley Road |
| Mar 2024 | Public order | Under investigation | On or near Westley Road |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Westley Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Westley Road |
| Feb 2024 | Other crime | Unable to prosecute suspect | On or near Westley Road |