£351,625
This estimated value is based upon the latest sale price for the house of £345,000 on 5 May 2022. 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 Perrott Way
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Price Paid | Date |
---|---|
£345,000 | 5 May 2022 |
£280,000 | 25 Sep 2015 |
Semi-Detached |
Freehold |
Floor Area: 113 sq meters or 1,216 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 2022 the House Price Index for WEST MIDLANDS was 145.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.920%.Applying this 1.920% change to the original purchase price of £345,000 results in an estimated price of approximately £351,625.
5 May 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.8 | 148.6 | 1.920 % | £345,000 | £6,625 | £351,625 |
The Postcode Pricing Model uses changes in average sales price within the B17 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 | 41.764 % | £144,085 | £489,085 |
3 Month Average | -23.449 % | £-80,898 | £264,101 |
6 Month Average | -9.166 % | £-31,623 | £313,376 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £36,541 | £36,000 | 29 RIDGEWAY |
18 Aug 2023 | £615,384 | £610,000 | 53 PERROTT WAY |
21 Jul 2023 | £321,832 | £317,500 | 383 CITY ROAD |
17 Feb 2023 | £165,888 | £166,000 | 13 RIDGEWAY |
18 Aug 2022 | £558,497 | £560,000 | 31 PERROTT WAY |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 11 Sep 2015. Using an estimated price of £351,626 means this house is valued at £3,111 per sq meter (£289 per sq foot).
The average size of a house on PERROTT WAY is 134 sq meters (1,452 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Other crime | Under investigation | On or near Perrott Way |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Perrott Way |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Perrott Way |
Mar 2024 | Public order | Unable to prosecute suspect | On or near George Dixon Road |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near George Dixon Road |