£138,933
This estimated value is based upon the latest sale price for the house of £25,000 on 31 May 1995. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £25,000 | 31 May 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 24 sq meters or 258 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 1995 the House Price Index for WEST MIDLANDS was 26.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 455.734%.Applying this 455.734% change to the original purchase price of £25,000 results in an estimated price of approximately £138,933.
| 31 May 1995 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.4 | 146.7 | 455.734 % | £25,000 | £113,933 | £138,933 |
The Postcode Pricing Model uses changes in average sales price within the B31 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 | 236.597 % | £59,149 | £84,149 |
| 3 Month Average | 320.703 % | £80,175 | £105,175 |
| 6 Month Average | 316.270 % | £79,067 | £104,067 |
This house has a floor area of 24 sq meters or 258 sq feet when measured on 9 Jul 2020.
The average size of a house on BRIDGE PIECE is 42 sq meters (455 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near New Meadow Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Staple Hall Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Staple Hall Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Hobbis Croft |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hobbis Croft |