£289,739
This estimated value is based upon the latest sale price for the house of £192,500 on 22 Sep 2014. 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 Merecote Road
More crime details
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| Price Paid | Date |
|---|---|
| £192,500 | 22 Sep 2014 |
| £89,000 | 29 Jun 2001 |
| Terraced |
| Freehold |
| Floor Area: 89 sq meters or 957 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 2014 the House Price Index for WEST MIDLANDS was 98.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 50.514%.Applying this 50.514% change to the original purchase price of £192,500 results in an estimated price of approximately £289,739.
| 22 Sep 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 148.6 | 50.514 % | £192,500 | £97,239 | £289,739 |
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 | 56.051 % | £107,897 | £300,397 |
| 3 Month Average | 30.679 % | £59,057 | £251,557 |
| 6 Month Average | 36.603 % | £70,460 | £262,960 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £272,773 | £268,000 | 33 MERECOTE ROAD |
| 5 Sep 2023 | £284,639 | £281,000 | 44 BROOK LANE |
| 28 Jul 2023 | £339,570 | £335,000 | 41 MERECOTE ROAD |
| 26 Aug 2022 | £313,157 | £314,000 | 66 BROOK LANE |
| 28 Jul 2022 | £278,750 | £278,000 | 19 MERECOTE ROAD |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 15 May 2014. Using an estimated price of £289,739 means this house is valued at £3,255 per sq meter (£302 per sq foot).
The average size of a house on LANGLEY HALL ROAD is 86 sq meters (934 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Merecote Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Swanswell Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Brook Lane |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Brook Lane |
| Mar 2024 | Vehicle crime | Under investigation | On or near Brook Lane |