£342,131
This estimated value is based upon the latest sale price for the house of £185,000 on 17 May 2005. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£185,000 | 17 May 2005 |
Detached |
Freehold |
Floor Area: 242 sq meters or 2,604 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 2005 the House Price Index for WEST MIDLANDS was 80.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 84.936%.Applying this 84.936% change to the original purchase price of £185,000 results in an estimated price of approximately £342,131.
17 May 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
80.4 | 148.6 | 84.936 % | £185,000 | £157,131 | £342,131 |
The Postcode Pricing Model uses changes in average sales price within the B33 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 | 37.537 % | £69,444 | £254,444 |
3 Month Average | 39.837 % | £73,698 | £258,698 |
6 Month Average | 75.187 % | £139,095 | £324,095 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Aug 2023 | £181,589 | £180,000 | 15 FARMCOTE ROAD |
15 Jun 2023 | £121,471 | £120,000 | 17 HOLLINGTON CRESCENT |
8 Feb 2023 | £247,833 | £248,000 | 29 GLEBE FARM ROAD |
6 Feb 2023 | £203,863 | £204,000 | 6 HOLLINGTON CRESCENT |
6 Jan 2023 | £190,602 | £191,500 | 56 PEPLOW ROAD |
This house has a floor area of 242 sq meters or 2,604 sq feet when measured on 25 Apr 2016. Using an estimated price of £342,131 means this house is valued at £1,413 per sq meter (£131 per sq foot).
The average size of a house on FARMCOTE ROAD is 145 sq meters (1,567 sq feet).
This house is the largest in the street with a floor area of 242 sq meters (2,604 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Shoplifting | Unable to prosecute suspect | On or near Farmcote Road |
Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Farmcote Road |
Feb 2024 | Other crime | Awaiting court outcome | On or near Farmcote Road |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Farmcote Road |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Farmcote Road |