£247,537
This estimated value is based upon the latest sale price for the house of £237,000 on 25 Feb 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £237,000 | 25 Feb 2022 |
| £150,000 | 29 Jun 2012 |
| Semi-Detached |
| 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 February 2022 the House Price Index for WEST MIDLANDS was 141.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 4.446%.Applying this 4.446% change to the original purchase price of £237,000 results in an estimated price of approximately £247,537.
| 25 Feb 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 148.0 | 4.446 % | £237,000 | £10,537 | £247,537 |
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 | -63.250 % | £-149,902 | £87,097 |
| 3 Month Average | -24.837 % | £-58,864 | £178,135 |
| 6 Month Average | -2.252 % | £-5,336 | £231,663 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Feb 2022 | £247,537 | £237,000 | 14 BAINBRIDGE ROAD |
| 17 Dec 2021 | £277,433 | £260,000 | 10 DEVEY ROAD |
| 2 Sep 2021 | £228,600 | £213,000 | 2 BONIFACE ROAD |
| 3 Jun 2021 | £172,043 | £161,000 | 23 TOMBLIN DRIVE |
| 5 Aug 2020 | £214,960 | £180,000 | 4 KILDERKIN COURT |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 23 May 2012. Using an estimated price of £247,537 means this house is valued at £3,345 per sq meter (£310 per sq foot).
The average size of a house on BAINBRIDGE ROAD is 91 sq meters (980 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Bainbridge Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bainbridge Road |
| Apr 2024 | Public order | Under investigation | On or near Tomblin Drive |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tomblin Drive |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Tomblin Drive |