£292,140
This estimated value is based upon the latest sale price for the house of £188,000 on 14 Mar 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Western Road
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| Price Paid | Date |
|---|---|
| £188,000 | 14 Mar 2014 |
| £140,000 | 25 Feb 2011 |
| Terraced |
| Freehold |
| Floor Area: 107 sq meters or 1,151 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 £188,000 results in an estimated price of approximately £292,140.
| 14 Mar 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.4 | 146.7 | 55.394 % | £188,000 | £104,140 | £292,140 |
The Postcode Pricing Model uses changes in average sales price within the DY8 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 | 129.001 % | £242,522 | £430,522 |
| 3 Month Average | 82.888 % | £155,829 | £343,829 |
| 6 Month Average | 58.135 % | £109,293 | £297,293 |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 30 Nov 2011.
The average size of a house on WESTERN ROAD is 106 sq meters (1,146 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Under investigation | On or near Western Road |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Beale Street |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Beale Street |
| Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near Heathfield Gardens |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Heath Street |