£424,264
This estimated value is based upon the latest sale price for the house of £249,950 on 16 Apr 2010. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £249,950 | 16 Apr 2010 |
| Detached |
| Freehold |
| Floor Area: 100 sq meters or 1,081 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 2010 the House Price Index for WEST MIDLANDS was 87.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.740%.Applying this 69.740% change to the original purchase price of £249,950 results in an estimated price of approximately £424,264.
| 16 Apr 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 148.6 | 69.740 % | £249,950 | £174,314 | £424,264 |
The Postcode Pricing Model uses changes in average sales price within the WS5 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 | -1.600 % | £-3,998 | £245,951 |
| 3 Month Average | 28.692 % | £71,716 | £321,666 |
| 6 Month Average | 29.992 % | £74,965 | £324,915 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Sep 2023 | £410,245 | £405,000 | 2 MARTIN ROAD |
| 8 Mar 2023 | £605,707 | £600,000 | 63 GILLITY AVENUE |
| 11 Aug 2022 | £384,964 | £386,000 | 16 NORMAN ROAD |
| 15 Jul 2022 | £501,350 | £500,000 | 1 NORMAN ROAD |
| 3 May 2022 | £479,026 | £470,000 | 3 NORMAN ROAD |
This house has a floor area of 100 sq meters or 1,081 sq feet when measured on 11 Feb 2010. Using an estimated price of £424,264 means this house is valued at £4,221 per sq meter (£392 per sq foot).
The average size of a house on NORMAN ROAD is 125 sq meters (1,348 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Anti-social behaviour | On or near Greenslade Road | |
| Dec 2023 | Anti-social behaviour | On or near Greenslade Road | |
| Dec 2023 | Anti-social behaviour | On or near Greenslade Road | |
| Dec 2023 | Anti-social behaviour | On or near Greenslade Road | |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Connaught Close |