£131,842
This estimated value is based upon the latest sale price for the house of £107,500 on 29 Nov 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There have been two burglaries within the last year on or near Masefield Road
More crime details
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| Price Paid | Date |
|---|---|
| £107,500 | 29 Nov 2019 |
| £68,000 | 13 Jan 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 75 sq meters or 807 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 November 2019 the House Price Index for WEST MIDLANDS was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £107,500 results in an estimated price of approximately £131,842.
| 29 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.645 % | £107,500 | £24,342 | £131,842 |
The Postcode Pricing Model uses changes in average sales price within the WS3 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 | -30.981 % | £-33,304 | £74,195 |
| 3 Month Average | 1.445 % | £1,553 | £109,053 |
| 6 Month Average | 17.632 % | £18,954 | £126,454 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £101,781 | £100,000 | 82 WELL LANE |
| 9 Nov 2023 | £113,683 | £112,000 | 58 GOLDSMITH ROAD |
| 14 Apr 2023 | £227,449 | £225,000 | 34 GOLDSMITH ROAD |
| 12 Aug 2022 | £157,576 | £158,000 | 33 SHEARWATER ROAD |
| 24 Jun 2022 | £213,010 | £210,000 | 4 DUNLIN DRIVE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 11 Dec 2013. Using an estimated price of £131,843 means this house is valued at £1,757 per sq meter (£163 per sq foot).
The average size of a house on MASEFIELD ROAD is 100 sq meters (1,081 sq feet).
This house is the smallest in the street with a floor area of 75 sq meters (807 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Masefield Road |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Masefield Road |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Masefield Road |
| Jan 2024 | Burglary | Unable to prosecute suspect | On or near Masefield Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Masefield Road |