£383,744
This estimated value is based upon the latest sale price for the house of £246,950 on 21 Mar 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £246,950 | 21 Mar 2014 |
| £249,950 | 2 Aug 2004 |
| £117,500 | 24 Jul 1998 |
| Detached |
| Freehold |
| Floor Area: 128 sq meters or 1,377 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 2014 the House Price Index for WEST MIDLANDS was 94.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 55.394%.Applying this 55.394% change to the original purchase price of £246,950 results in an estimated price of approximately £383,744.
| 21 Mar 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.4 | 146.7 | 55.394 % | £246,950 | £136,794 | £383,744 |
The Postcode Pricing Model uses changes in average sales price within the WS1 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 | 31.592 % | £78,015 | £324,965 |
| 3 Month Average | 15.961 % | £39,415 | £286,365 |
| 6 Month Average | 46.667 % | £115,244 | £362,194 |
This house has a floor area of 128 sq meters or 1,377 sq feet when measured on 24 May 2012.
The average size of a house on ORWELL ROAD is 162 sq meters (1,749 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near The Crescent |
| Feb 2024 | Drugs | Awaiting court outcome | On or near The Crescent |
| Mar 2024 | Possession of weapons | Under investigation | On or near Princes Avenue |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Princes Avenue |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Princes Avenue |