£277,783
This estimated value is based upon the latest sale price for the house of £275,000 on 15 Jul 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £275,000 | 15 Jul 2022 |
| £195,000 | 2 Jun 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 110 sq meters or 1,184 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 July 2022 the House Price Index for WEST MIDLANDS was 148.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.012%.Applying this 1.012% change to the original purchase price of £275,000 results in an estimated price of approximately £277,783.
| 15 Jul 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 149.7 | 1.012 % | £275,000 | £2,783 | £277,783 |
The Postcode Pricing Model uses changes in average sales price within the B63 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 | 52.669 % | £144,840 | £419,840 |
| 3 Month Average | -11.414 % | £-31,387 | £243,612 |
| 6 Month Average | -3.253 % | £-8,945 | £266,054 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £129,121 | £128,000 | HADEN ARCH COURT, 113 HADEN HILL ROAD |
| 5 Oct 2023 | £112,556 | £110,000 | 15 MILVERTON CLOSE |
| 22 Sep 2023 | £214,734 | £210,000 | 31 BLAGDON ROAD |
| 10 Feb 2023 | £265,775 | £264,000 | 16 FAIRMILE ROAD |
| 9 Aug 2022 | £115,540 | £115,000 | HADEN ARCH COURT, 115 HADEN HILL ROAD |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 21 Jul 2021. Using an estimated price of £277,783 means this house is valued at £2,525 per sq meter (£234 per sq foot).
The average size of a house on FAIRMILE ROAD is 86 sq meters (935 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Other crime | Unable to prosecute suspect | On or near Blagdon Road |
| May 2024 | Public order | Unable to prosecute suspect | On or near Winsford Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Winsford Close |
| Jul 2024 | Anti-social behaviour | On or near Whitestone Road | |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Whitestone Road |