£617,556
This estimated value is based upon the latest sale price for the house of £412,500 on 29 Oct 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £412,500 | 29 Oct 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 132 sq meters or 1,420 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 October 2014 the House Price Index for WEST MIDLANDS was 99.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.711%.Applying this 49.711% change to the original purchase price of £412,500 results in an estimated price of approximately £617,556.
| 29 Oct 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 148.6 | 49.711 % | £412,500 | £205,056 | £617,556 |
The Postcode Pricing Model uses changes in average sales price within the B15 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 | -56.914 % | £-234,771 | £177,728 |
| 3 Month Average | 0.815 % | £3,359 | £415,859 |
| 6 Month Average | 25.151 % | £103,748 | £516,248 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £734,390 | £725,000 | 91 AUGUSTUS ROAD |
| 16 Jun 2023 | £556,744 | £550,000 | 4 MALCOLMSON CLOSE |
| 10 Feb 2023 | £219,852 | £220,000 | FLAT 21 LLOYD SQUARE, 18 NIALL CLOSE |
| 8 Jul 2022 | £553,490 | £552,000 | 25 NIALL CLOSE |
| 23 May 2022 | £209,956 | £206,000 | FLAT 5 LLOYD SQUARE, 12 NIALL CLOSE |
This house has a floor area of 132 sq meters or 1,420 sq feet when measured on 2 May 2012. Using an estimated price of £617,556 means this house is valued at £4,678 per sq meter (£434 per sq foot).
The average size of a house on NIALL CLOSE is 88 sq meters (947 sq feet).
This house is the largest in the street with a floor area of 132 sq meters (1,420 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Malcolmson Close |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Harborne Road |
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Harborne Road |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Chancellor'S Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chancellor'S Close |