£348,714
This estimated value is based upon the latest sale price for the house of £94,950 on 29 Sep 2000. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £94,950 | 29 Sep 2000 |
| £94,950 | 29 Sep 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 68 sq meters or 739 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 September 2000 the House Price Index for WEST MIDLANDS was 40.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 267.261%.Applying this 267.261% change to the original purchase price of £94,950 results in an estimated price of approximately £348,714.
| 29 Sep 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.5 | 148.6 | 267.261 % | £94,950 | £253,764 | £348,714 |
The Postcode Pricing Model uses changes in average sales price within the B28 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 | 82.953 % | £78,764 | £173,714 |
| 3 Month Average | 169.406 % | £160,850 | £255,800 |
| 6 Month Average | 232.334 % | £220,600 | £315,550 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Sep 2023 | £225,888 | £223,000 | 87 RIVERSDALE ROAD |
| 3 Apr 2023 | £394,245 | £390,000 | 40 BACH MILL DRIVE |
| 14 Mar 2022 | £248,703 | £240,000 | 14 WILLSON CROFT |
| 21 Dec 2021 | £289,272 | £270,000 | 57 BACH MILL DRIVE |
| 24 Sep 2021 | £254,312 | £236,000 | 10 BRADSHAWE CLOSE |
This house has a floor area of 68 sq meters or 739 sq feet when measured on 15 May 2010. Using an estimated price of £348,714 means this house is valued at £5,074 per sq meter (£471 per sq foot).
The average size of a house on BACH MILL DRIVE is 88 sq meters (956 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Bach Mill Drive |
| Feb 2024 | Anti-social behaviour | On or near The Launde | |
| Feb 2024 | Anti-social behaviour | On or near The Launde | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Daimler Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Riversdale Road |