£272,999
This estimated value is based upon the latest sale price for the house of £222,500 on 20 Sep 2019. 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 Merrivale Road
More crime details
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Price Paid | Date |
---|---|
£222,500 | 20 Sep 2019 |
Terraced |
Freehold |
Floor Area: 82 sq meters or 882 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 September 2019 the House Price Index for WEST MIDLANDS was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.696%.Applying this 22.696% change to the original purchase price of £222,500 results in an estimated price of approximately £272,999.
20 Sep 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.1 | 148.6 | 22.696 % | £222,500 | £50,499 | £272,999 |
The Postcode Pricing Model uses changes in average sales price within the B62 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 | -37.741 % | £-83,974 | £138,525 |
3 Month Average | 2.646 % | £5,886 | £228,386 |
6 Month Average | 13.921 % | £30,974 | £253,474 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Dec 2023 | £290,075 | £285,000 | 8 WHEATCROFT CLOSE |
28 Jul 2023 | £218,440 | £215,500 | 10 HILLBROW CRESCENT |
21 Jul 2023 | £238,206 | £235,000 | 103 HURST GREEN ROAD |
2 Jun 2023 | £263,188 | £260,000 | 9 WHEATCROFT CLOSE |
21 Apr 2023 | £313,374 | £310,000 | 12 MERRIVALE ROAD |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 5 Apr 2019. Using an estimated price of £273,000 means this house is valued at £3,329 per sq meter (£309 per sq foot).
The average size of a house on HILLBROW CRESCENT is 91 sq meters (980 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Merrivale Road |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Wheatcroft Close |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Wheatcroft Close |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Wheatcroft Close |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Wheatcroft Close |