£214,901
This estimated value is based upon the latest sale price for the house of £124,000 on 24 Jun 2011. 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 Auckland Road
More crime details
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £124,000 | 24 Jun 2011 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 918 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 2011 the House Price Index for WEST MIDLANDS was 85.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 73.308%.Applying this 73.308% change to the original purchase price of £124,000 results in an estimated price of approximately £214,901.
| 24 Jun 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.7 | 148.6 | 73.308 % | £124,000 | £90,901 | £214,901 |
The Postcode Pricing Model uses changes in average sales price within the B11 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 | 12.543 % | £15,553 | £139,553 |
| 3 Month Average | 40.284 % | £49,951 | £173,951 |
| 6 Month Average | 49.310 % | £61,144 | £185,144 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Mar 2023 | £171,617 | £170,000 | 3 ERASMUS ROAD |
| 24 Mar 2023 | £222,092 | £220,000 | 24 PRIESTLEY ROAD |
| 24 Nov 2022 | £276,649 | £280,000 | 10 OUGHTON ROAD |
| 24 Oct 2022 | £93,394 | £94,400 | 33 MAIN STREET |
| 1 Sep 2022 | £208,318 | £210,000 | UNIT 1 AUCKLAND ROAD |
This house has a floor area of 85 sq meters or 918 sq feet when measured on 15 Nov 2010. Using an estimated price of £214,902 means this house is valued at £2,517 per sq meter (£233 per sq foot).
The average size of a house on ERASMUS ROAD is 117 sq meters (1,263 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Auckland Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Auckland Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Auckland Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Auckland Road |
| Mar 2024 | Other crime | Under investigation | On or near Erasmus Road |