£302,084
This estimated value is based upon the latest sale price for the house of £236,950 on 18 Jul 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£236,950 | 18 Jul 2017 |
Flats/Maisonettes |
Leasehold |
Floor Area: 66 sq meters or 710 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 2017 the House Price Index for WEST MIDLANDS was 116.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.489%.Applying this 27.489% change to the original purchase price of £236,950 results in an estimated price of approximately £302,084.
18 Jul 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.6 | 148.6 | 27.489 % | £236,950 | £65,134 | £302,084 |
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 | 19.498 % | £46,199 | £283,149 |
3 Month Average | 47.170 % | £111,768 | £348,718 |
6 Month Average | 37.534 % | £88,937 | £325,887 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Sep 2023 | £314,015 | £310,000 | APARTMENT 260 2 AUSTIN WAY |
30 Jun 2022 | £215,039 | £212,000 | APARTMENT 172 2 AUSTIN WAY |
30 Sep 2021 | £285,562 | £265,000 | APARTMENT 443 2 AUSTIN WAY |
27 Sep 2021 | £177,803 | £165,000 | APARTMENT 231 2 AUSTIN WAY |
5 Aug 2021 | £245,435 | £220,000 | APARTMENT 129 2 AUSTIN WAY |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 23 Mar 2017. Using an estimated price of £302,085 means this house is valued at £4,577 per sq meter (£425 per sq foot).
The average size of a house on AUSTIN WAY is 72 sq meters (779 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
Dec 2023 | Possession of weapons | Under investigation | On or near Parking Area |
Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Parking Area |