£196,498
This estimated value is based upon the latest sale price for the house of £48,000 on 25 Oct 1999. 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 Rowood Drive
More crime details
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| Price Paid | Date |
|---|---|
| £48,000 | 25 Oct 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 57 sq meters or 613 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 October 1999 the House Price Index for WEST MIDLANDS was 35.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 309.372%.Applying this 309.372% change to the original purchase price of £48,000 results in an estimated price of approximately £196,498.
| 25 Oct 1999 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 35.8 | 146.7 | 309.372 % | £48,000 | £148,498 | £196,498 |
The Postcode Pricing Model uses changes in average sales price within the B92 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 | 306.603 % | £147,169 | £195,169 |
| 3 Month Average | 216.840 % | £104,082 | £152,082 |
| 6 Month Average | 231.003 % | £110,881 | £158,881 |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 13 Aug 2020.
The average size of a house on ROWOOD DRIVE is 72 sq meters (779 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Rowood Drive |
| Dec 2023 | Burglary | Unable to prosecute suspect | On or near Rowood Drive |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Rowood Drive |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lingham Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lingham Close |