£155,590
This estimated value is based upon the latest sale price for the house of £90,000 on 28 Oct 2011. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £90,000 | 28 Oct 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 72 sq meters or 775 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 2011 the House Price Index for WEST MIDLANDS was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.878%.Applying this 72.878% change to the original purchase price of £90,000 results in an estimated price of approximately £155,590.
| 28 Oct 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.878 % | £90,000 | £65,590 | £155,590 |
The Postcode Pricing Model uses changes in average sales price within the B63 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 | 56.407 % | £50,765 | £140,765 |
| 3 Month Average | 34.544 % | £31,089 | £121,089 |
| 6 Month Average | 48.987 % | £44,088 | £134,088 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Sep 2023 | £197,526 | £195,000 | 23 ELM TREE GROVE |
| 26 Jun 2023 | £212,575 | £210,000 | 60 BUTCHERS LANE |
| 21 Apr 2023 | £235,031 | £232,500 | 125 FURLONG LANE |
| 2 Nov 2022 | £157,097 | £159,000 | 10 HILL BANK ROAD |
| 31 Aug 2022 | £219,409 | £220,000 | 9 ELM TREE GROVE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 7 Jan 2014. Using an estimated price of £155,591 means this house is valued at £2,160 per sq meter (£200 per sq foot).
The average size of a house on HILL BANK ROAD is 83 sq meters (898 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Hill Bank Road |
| Feb 2024 | Possession of weapons | Unable to prosecute suspect | On or near Hill Bank Road |
| Jan 2024 | Other crime | Under investigation | On or near Hill Bank Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Hill Bank Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Hill Bank Road |