£127,628
This estimated value is based upon the latest sale price for the house of £93,000 on 14 Jan 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £93,000 | 14 Jan 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 84 sq meters or 904 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 January 2016 the House Price Index for WEST MIDLANDS was 108.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 37.235%.Applying this 37.235% change to the original purchase price of £93,000 results in an estimated price of approximately £127,628.
| 14 Jan 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 148.6 | 37.235 % | £93,000 | £34,628 | £127,628 |
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 | -10.698 % | £-9,948 | £83,051 |
| 3 Month Average | 37.166 % | £34,564 | £127,564 |
| 6 Month Average | 42.243 % | £39,286 | £132,286 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £166,464 | £164,000 | 23 MORGAN CLOSE |
| 22 Sep 2023 | £177,267 | £175,000 | 2 CODSALL ROAD |
| 9 Aug 2023 | £112,988 | £112,000 | 32 SUTHERLAND ROAD |
| 20 Mar 2023 | £272,568 | £270,000 | 7 MORGAN CLOSE |
| 22 Aug 2022 | £84,772 | £85,000 | 34 PLANT STREET |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 20 May 2015. Using an estimated price of £127,629 means this house is valued at £1,519 per sq meter (£141 per sq foot).
The average size of a house on SUTHERLAND ROAD is 75 sq meters (812 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Sutherland Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sports/Recreation Area |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Western Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Western Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Western Road |