£249,737
This estimated value is based upon the latest sale price for the house of £188,000 on 22 Sep 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£188,000 | 22 Sep 2016 |
Semi-Detached |
Freehold |
Floor Area: 122 sq meters or 1,313 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 2016 the House Price Index for WEST MIDLANDS was 111.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.839%.Applying this 32.839% change to the original purchase price of £188,000 results in an estimated price of approximately £249,737.
22 Sep 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.9 | 148.6 | 32.839 % | £188,000 | £61,737 | £249,737 |
The Postcode Pricing Model uses changes in average sales price within the DY6 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 | -31.241 % | £-58,733 | £129,266 |
3 Month Average | 20.869 % | £39,233 | £227,233 |
6 Month Average | 28.916 % | £54,362 | £242,362 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Nov 2023 | £243,607 | £240,000 | 16 THE RISE |
3 Aug 2023 | £287,515 | £285,000 | 167 STANDHILLS ROAD |
3 Mar 2023 | £439,137 | £435,000 | 63 BROMLEY LANE |
12 Oct 2022 | £284,437 | £287,500 | 212 STANDHILLS ROAD |
29 Jul 2022 | £367,991 | £367,000 | 202 STANDHILLS ROAD |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 28 Apr 2016. Using an estimated price of £249,738 means this house is valued at £2,047 per sq meter (£190 per sq foot).
The average size of a house on STANDHILLS ROAD is 87 sq meters (942 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Rise |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Rise |
Dec 2023 | Vehicle crime | Unable to prosecute suspect | On or near The Rise |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Kendall Rise |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Kendall Rise |