£253,254
This estimated value is based upon the latest sale price for the house of £205,000 on 6 Mar 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £205,000 | 6 Mar 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 91 sq meters or 979 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 March 2019 the House Price Index for WEST MIDLANDS was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.539%.Applying this 23.539% change to the original purchase price of £205,000 results in an estimated price of approximately £253,254.
| 6 Mar 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.539 % | £205,000 | £48,254 | £253,254 |
The Postcode Pricing Model uses changes in average sales price within the B28 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 | -17.808 % | £-36,505 | £168,494 |
| 3 Month Average | 11.695 % | £23,975 | £228,975 |
| 6 Month Average | 26.248 % | £53,809 | £258,809 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £426,312 | £420,000 | 48 SOUTHAM ROAD |
| 9 Jun 2023 | £313,801 | £310,000 | 9 BURNASTON ROAD |
| 2 Mar 2023 | £201,902 | £200,000 | 16 BURNASTON ROAD |
| 20 Feb 2023 | £509,657 | £510,000 | 14 SOUTHAM ROAD |
| 20 Feb 2023 | £509,657 | £510,000 | 8 SOUTHAM ROAD |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 13 Dec 2018. Using an estimated price of £253,255 means this house is valued at £2,783 per sq meter (£258 per sq foot).
The average size of a house on BURNASTON ROAD is 103 sq meters (1,119 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Burnaston Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Burnaston Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Burnaston Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Burnaston Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Burnaston Road |