£334,686
This estimated value is based upon the latest sale price for the house of £114,000 on 31 May 2002. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£114,000 | 31 May 2002 |
Detached |
Freehold |
Floor Area: 176 sq meters or 1,894 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 May 2002 the House Price Index for WEST MIDLANDS was 51.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 193.585%.Applying this 193.585% change to the original purchase price of £114,000 results in an estimated price of approximately £334,686.
31 May 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
51.0 | 149.7 | 193.585 % | £114,000 | £220,686 | £334,686 |
The Postcode Pricing Model uses changes in average sales price within the B64 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 | 347.720 % | £396,400 | £510,400 |
3 Month Average | 157.711 % | £179,790 | £293,790 |
6 Month Average | 191.592 % | £218,414 | £332,414 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Jun 2023 | £183,681 | £180,000 | 34 GREENFIELD AVENUE |
22 Jul 2022 | £245,460 | £243,000 | 39 SILVERTHORNE LANE |
11 Jan 2022 | £84,816 | £80,000 | 27 CHESTER ROAD |
20 Dec 2021 | £318,396 | £295,000 | 16 COMPTON ROAD |
5 Nov 2021 | £259,306 | £238,000 | WHITCOMBE COMPTON ROAD |
This house has a floor area of 176 sq meters or 1,894 sq feet when measured on 28 Aug 2014. Using an estimated price of £334,687 means this house is valued at £1,901 per sq meter (£176 per sq foot).
The average size of a house on SYDNEY ROAD is 134 sq meters (1,448 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Silverthorne Lane | |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Silverthorne Lane |
Jul 2024 | Criminal damage and arson | Under investigation | On or near Parking Area |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
Jul 2024 | Anti-social behaviour | On or near Parking Area |