£139,083
This estimated value is based upon the latest sale price for the house of £105,000 on 14 Oct 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £105,000 | 14 Oct 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 61 sq meters or 656 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 2016 the House Price Index for WEST MIDLANDS was 112.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.461%.Applying this 32.461% change to the original purchase price of £105,000 results in an estimated price of approximately £139,083.
| 14 Oct 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 148.6 | 32.461 % | £105,000 | £34,083 | £139,083 |
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 | 29.517 % | £30,992 | £135,992 |
| 3 Month Average | 29.992 % | £31,491 | £136,491 |
| 6 Month Average | 39.293 % | £41,257 | £146,257 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Sep 2023 | £167,137 | £165,000 | 33 MILL ROAD |
| 25 Aug 2023 | £181,589 | £180,000 | 39 COPPICE ROAD |
| 3 Jul 2023 | £182,456 | £180,000 | 82 COPPICE ROAD |
| 28 Jun 2023 | £169,048 | £167,000 | 62 TIMBERTREE CRESCENT |
| 2 Jun 2023 | £172,084 | £170,000 | 5 MILL ROAD |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 11 Apr 2016. Using an estimated price of £139,084 means this house is valued at £2,280 per sq meter (£211 per sq foot).
The average size of a house on VALLEY ROAD is 86 sq meters (930 sq feet).
This house is the smallest in the street with a floor area of 61 sq meters (656 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Valley Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Valley Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Valley Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Valley Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Valley Road |