£177,145
This estimated value is based upon the latest sale price for the house of £175,000 on 30 Jun 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £175,000 | 30 Jun 2023 |
| £110,000 | 10 Dec 2010 |
| £54,350 | 12 Jan 2001 |
| £32,500 | 26 Feb 1996 |
| Terraced |
| Freehold |
| Floor Area: 63 sq meters or 687 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 2023 the House Price Index for WEST MIDLANDS was 146.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.226%.Applying this 1.226% change to the original purchase price of £175,000 results in an estimated price of approximately £177,145.
| 30 Jun 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.8 | 148.6 | 1.226 % | £175,000 | £2,145 | £177,145 |
The Postcode Pricing Model uses changes in average sales price within the B64 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 | -29.257 % | £-51,200 | £123,799 |
| 3 Month Average | -1.503 % | £-2,630 | £172,369 |
| 6 Month Average | 0.304 % | £532 | £175,532 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £233,456 | £230,000 | 7 MILDRED ROAD |
| 16 Sep 2023 | £174,228 | £172,000 | 14 HALESOWEN ROAD |
| 29 Aug 2023 | £176,544 | £175,000 | 228 HALESOWEN ROAD |
| 30 Jun 2023 | £177,146 | £175,000 | 24 HALESOWEN ROAD |
| 17 Mar 2023 | £124,170 | £123,000 | 33 HALESOWEN ROAD |
This house has a floor area of 63 sq meters or 687 sq feet when measured on 2 Jun 2010. Using an estimated price of £177,146 means this house is valued at £2,772 per sq meter (£257 per sq foot).
The average size of a house on HALESOWEN ROAD is 91 sq meters (985 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Mildred Road |
| Dec 2023 | Drugs | Investigation complete; no suspect identified | On or near Mousesweet Lane |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Bluebell Road |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Bluebell Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Molyneux Road |