£402,449
This estimated value is based upon the latest sale price for the house of £189,950 on 17 Feb 2004. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £189,950 | 17 Feb 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 February 2004 the House Price Index for WEST MIDLANDS was 70.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 111.871%.Applying this 111.871% change to the original purchase price of £189,950 results in an estimated price of approximately £402,449.
| 17 Feb 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 70.1 | 148.6 | 111.871 % | £189,950 | £212,499 | £402,449 |
The Postcode Pricing Model uses changes in average sales price within the WS5 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 | 47.518 % | £90,260 | £280,210 |
| 3 Month Average | 78.516 % | £149,142 | £339,092 |
| 6 Month Average | 67.767 % | £128,723 | £318,673 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £358,269 | £352,000 | 396 BIRMINGHAM ROAD |
| 29 Jun 2023 | £399,843 | £395,000 | 39 HOBART DRIVE |
| 17 Mar 2023 | £610,754 | £605,000 | 9 CHARLEMONT ROAD |
| 21 Oct 2022 | £299,772 | £303,000 | 5 CANBERRA ROAD |
| 16 Sep 2022 | £307,517 | £310,000 | 14 HOBART DRIVE |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 4 Oct 2016. Using an estimated price of £402,449 means this house is valued at £4,106 per sq meter (£381 per sq foot).
The average size of a house on CANBERRA ROAD is 126 sq meters (1,357 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Canberra Road |
| Jan 2024 | Burglary | Under investigation | On or near Newmore Gardens |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Newmore Gardens |
| Dec 2023 | Anti-social behaviour | On or near Newmore Gardens | |
| Dec 2023 | Anti-social behaviour | On or near Newmore Gardens |