£387,200
This estimated value is based upon the latest sale price for the house of £269,000 on 7 Jul 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £269,000 | 7 Jul 2015 |
| £250,000 | 24 Aug 2004 |
| £105,900 | 9 Jan 1998 |
| Detached |
| Freehold |
| Floor Area: 146 sq meters or 1,574 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 2015 the House Price Index for WEST MIDLANDS was 103.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 43.941%.Applying this 43.941% change to the original purchase price of £269,000 results in an estimated price of approximately £387,200.
| 7 Jul 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 148.6 | 43.941 % | £269,000 | £118,200 | £387,200 |
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 | 0.934 % | £2,512 | £271,512 |
| 3 Month Average | 42.494 % | £114,308 | £383,308 |
| 6 Month Average | 38.507 % | £103,583 | £372,583 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2022 | £220,594 | £220,000 | 25 BANNERS COURT |
| 31 Jan 2022 | £442,011 | £420,000 | 87 BANNERS GATE ROAD |
| 19 Jan 2022 | £384,129 | £365,000 | 3 THE GREENWAY |
| 30 Nov 2021 | £505,067 | £467,000 | 79 BANNERS GATE ROAD |
| 26 Oct 2021 | £431,526 | £390,000 | 50 BANNERS GATE ROAD |
This house has a floor area of 146 sq meters or 1,574 sq feet when measured on 19 Aug 2010. Using an estimated price of £387,200 means this house is valued at £2,647 per sq meter (£245 per sq foot).
The average size of a house on WESTWOOD ROAD is 109 sq meters (1,180 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Banners Gate Road |
| Jan 2024 | Criminal damage and arson | Local resolution | On or near Banners Gate Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Chester Road North |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Chester Road North |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Longmoor Road |