£282,125
This estimated value is based upon the latest sale price for the house of £164,500 on 3 Feb 2012. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £164,500 | 3 Feb 2012 |
| £171,000 | 20 Jul 2007 |
| £127,000 | 3 Nov 2003 |
| £55,750 | 24 Jan 1997 |
| Terraced |
| Freehold |
| Floor Area: 96 sq meters or 1,041 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 February 2012 the House Price Index for WEST MIDLANDS was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.505%.Applying this 71.505% change to the original purchase price of £164,500 results in an estimated price of approximately £282,125.
| 3 Feb 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 148.6 | 71.505 % | £164,500 | £117,625 | £282,125 |
The Postcode Pricing Model uses changes in average sales price within the B63 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 | 45.641 % | £75,079 | £239,579 |
| 3 Month Average | 29.794 % | £49,011 | £213,511 |
| 6 Month Average | 48.763 % | £80,215 | £244,715 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Aug 2023 | £244,136 | £242,000 | 5 ROSEMARY ROAD |
| 7 Jul 2023 | £282,806 | £279,000 | 6 ROSEMARY ROAD |
| 30 Mar 2023 | £317,996 | £315,000 | 23 BARN CLOSE |
| 27 Jan 2023 | £238,875 | £240,000 | 126 BASSNAGE ROAD |
| 22 Jul 2022 | £310,837 | £310,000 | 36 BROOKWILLOW ROAD |
This house has a floor area of 96 sq meters or 1,041 sq feet when measured on 8 Jun 2010. Using an estimated price of £282,125 means this house is valued at £2,914 per sq meter (£270 per sq foot).
The average size of a house on ROSEMARY ROAD is 113 sq meters (1,225 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rosemary Road |
| Feb 2024 | Drugs | Unable to prosecute suspect | On or near Rosemary Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hawthorne Road |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Rylands Close |
| Mar 2024 | Burglary | Under investigation | On or near Birchfield Close |