£840,667
This estimated value is based upon the latest sale price for the house of £180,000 on 30 Jul 1998. 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 Darnick Road
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| Price Paid | Date |
|---|---|
| £180,000 | 30 Jul 1998 |
| Detached |
| Freehold |
| Floor Area: 163 sq meters or 1,754 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 1998 the House Price Index for WEST MIDLANDS was 31.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 367.038%.Applying this 367.038% change to the original purchase price of £180,000 results in an estimated price of approximately £840,667.
| 30 Jul 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.8 | 148.6 | 367.038 % | £180,000 | £660,667 | £840,667 |
The Postcode Pricing Model uses changes in average sales price within the B73 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 | 131.143 % | £236,056 | £416,056 |
| 3 Month Average | 283.691 % | £510,644 | £690,644 |
| 6 Month Average | 279.957 % | £503,922 | £683,922 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £684,476 | £672,500 | 191 MONMOUTH DRIVE |
| 7 Aug 2023 | £433,795 | £430,000 | 114 HALTON ROAD |
| 4 Aug 2023 | £464,060 | £460,000 | 94 DENHOLM ROAD |
| 27 Jun 2023 | £956,587 | £945,000 | 231 MONMOUTH DRIVE |
| 2 Nov 2022 | £455,977 | £461,500 | 108 HALTON ROAD |
This house has a floor area of 163 sq meters or 1,754 sq feet when measured on 20 Jul 2012. Using an estimated price of £840,668 means this house is valued at £5,157 per sq meter (£479 per sq foot).
The average size of a house on MONMOUTH DRIVE is 156 sq meters (1,683 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Darnick Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Denholm Road |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Alcester Drive |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Alcester Drive |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Alcester Drive |