£265,012
This estimated value is based upon the latest sale price for the house of £247,000 on 30 Jun 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There have been two burglaries within the last year on or near Burnham Meadow
More crime details
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| Price Paid | Date |
|---|---|
| £247,000 | 30 Jun 2021 |
| £164,500 | 11 Feb 2013 |
| Semi-Detached |
| Leasehold |
| Floor Area: 70 sq meters or 755 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 June 2021 the House Price Index for WEST MIDLANDS was 138.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.292%.Applying this 7.292% change to the original purchase price of £247,000 results in an estimated price of approximately £265,012.
| 30 Jun 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.6 | 7.292 % | £247,000 | £18,012 | £265,012 |
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 | -4.815 % | £-11,892 | £235,107 |
| 3 Month Average | -13.355 % | £-32,986 | £214,013 |
| 6 Month Average | 11.110 % | £27,441 | £274,441 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £75,112 | £74,000 | 2 BURNHAM MEADOW |
| 15 Sep 2023 | £273,497 | £270,000 | 27 SOLIHULL LANE |
| 22 Aug 2023 | £131,097 | £129,950 | 12 BURNHAM MEADOW |
| 6 Apr 2023 | £263,335 | £260,500 | 25 BURNHAM MEADOW |
| 6 Mar 2023 | £274,587 | £272,000 | 3A SOLIHULL LANE |
This house has a floor area of 70 sq meters or 755 sq feet when measured on 24 Apr 2010. Using an estimated price of £265,012 means this house is valued at £3,776 per sq meter (£350 per sq foot).
The average size of a house on BURNHAM MEADOW is 58 sq meters (629 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near Burnham Meadow |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Burnham Meadow |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Burnham Meadow |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Burnham Meadow |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Burnham Meadow |