£116,980
This estimated value is based upon the latest sale price for the house of £95,000 on 18 May 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £95,000 | 18 May 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 58 sq meters or 624 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 May 2018 the House Price Index for WEST MIDLANDS was 119.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 23.137%.Applying this 23.137% change to the original purchase price of £95,000 results in an estimated price of approximately £116,980.
| 18 May 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 146.7 | 23.137 % | £95,000 | £21,980 | £116,980 |
The Postcode Pricing Model uses changes in average sales price within the B24 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 | -48.066 % | £-45,662 | £49,337 |
| 3 Month Average | 5.355 % | £5,087 | £100,087 |
| 6 Month Average | 6.168 % | £5,859 | £100,859 |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 28 Apr 2018.
The average size of a house on ROUND ROAD is 68 sq meters (733 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Spruce Grove |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Spruce Grove |
| Jan 2024 | Anti-social behaviour | On or near Spruce Grove | |
| Jan 2024 | Anti-social behaviour | On or near Spruce Grove | |
| Jan 2024 | Anti-social behaviour | On or near Spruce Grove |