£494,547
This estimated value is based upon the latest sale price for the house of £292,500 on 2 Mar 2012. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £292,500 | 2 Mar 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 143 sq meters or 1,539 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 2012 the House Price Index for WEST MIDLANDS was 86.9.
The House Price Index as of 1 Jan 2024 is 147.0 which is a change of 69.076%.Applying this 69.076% change to the original purchase price of £292,500 results in an estimated price of approximately £494,547.
| 2 Mar 2012 | 1 Jan 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.9 | 147.0 | 69.076 % | £292,500 | £202,047 | £494,547 |
The Postcode Pricing Model uses changes in average sales price within the B74 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 | 4.378 % | £12,806 | £305,306 |
| 3 Month Average | 25.737 % | £75,280 | £367,780 |
| 6 Month Average | 38.533 % | £112,709 | £405,209 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Oct 2023 | £379,708 | £381,000 | FLAT 4 FOREST LAWNS, 124 STREETLY LANE |
| 16 Aug 2023 | £988,277 | £995,000 | 4 ST MARGARETS |
| 16 Aug 2023 | £918,750 | £925,000 | 40 ROSEMARY HILL ROAD |
| 24 Feb 2023 | £390,222 | £395,000 | FLAT 5 FOREST LAWNS, 124 STREETLY LANE |
| 12 Sep 2022 | £1,666,000 | £1,700,000 | 9 ROSEMARY DRIVE |
This house has a floor area of 143 sq meters or 1,539 sq feet when measured on 20 Feb 2017. Using an estimated price of £494,548 means this house is valued at £3,458 per sq meter (£321 per sq foot).
The average size of a house on ROSEMARY HILL ROAD is 232 sq meters (2,504 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Unable to prosecute suspect | On or near St Margaret'S |
| Jan 2024 | Robbery | Investigation complete; no suspect identified | On or near Highbury Road |
| Dec 2023 | Anti-social behaviour | On or near Highbury Road | |
| Dec 2023 | Anti-social behaviour | On or near Highbury Road | |
| Dec 2023 | Anti-social behaviour | On or near Highbury Road |