£188,163
This estimated value is based upon the latest sale price for the house of £115,000 on 18 Oct 2013. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £115,000 | 18 Oct 2013 |
| Terraced |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 2013 the House Price Index for WEST MIDLANDS was 90.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 63.621%.Applying this 63.621% change to the original purchase price of £115,000 results in an estimated price of approximately £188,163.
| 18 Oct 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.8 | 148.6 | 63.621 % | £115,000 | £73,163 | £188,163 |
The Postcode Pricing Model uses changes in average sales price within the DY4 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 | 2.704 % | £3,109 | £118,109 |
| 3 Month Average | 16.587 % | £19,074 | £134,074 |
| 6 Month Average | 31.524 % | £36,253 | £151,253 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Mar 2023 | £239,254 | £237,000 | 16 POWIS AVENUE |
| 12 Jan 2023 | £174,180 | £175,000 | 180 HIGHFIELD ROAD |
| 10 Jan 2023 | £120,930 | £121,500 | 217 HIGHFIELD ROAD |
| 26 Oct 2022 | £183,524 | £185,500 | 10 CHARLES ROAD |
| 26 Aug 2022 | £229,383 | £230,000 | 40 POWIS AVENUE |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 6 Aug 2013. Using an estimated price of £188,164 means this house is valued at £2,001 per sq meter (£185 per sq foot).
The average size of a house on FLORENCE ROAD is 97 sq meters (1,048 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Florence Road |
| Mar 2024 | Public order | Under investigation | On or near Arthur Road |
| Feb 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Arthur Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Arthur Road |
| Dec 2023 | Drugs | Unable to prosecute suspect | On or near Arthur Road |