£119,748
This estimated value is based upon the latest sale price for the house of £81,500 on 10 Apr 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £81,500 | 10 Apr 2015 |
| 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 April 2015 the House Price Index for WEST MIDLANDS was 101.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 46.930%.Applying this 46.930% change to the original purchase price of £81,500 results in an estimated price of approximately £119,748.
| 10 Apr 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.1 | 148.6 | 46.930 % | £81,500 | £38,248 | £119,748 |
The Postcode Pricing Model uses changes in average sales price within the DY4 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 | 34.194 % | £27,867 | £109,367 |
| 3 Month Average | 14.771 % | £12,038 | £93,538 |
| 6 Month Average | 34.025 % | £27,730 | £109,230 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £201,765 | £200,000 | 21 BIRMINGHAM NEW ROAD |
| 28 Apr 2023 | £210,264 | £208,000 | 78 MADIN ROAD |
| 12 Jan 2023 | £179,156 | £180,000 | 53 MADIN ROAD |
| 30 Jul 2021 | £206,868 | £180,000 | 52 MADIN ROAD |
| 5 Jul 2021 | £159,748 | £139,000 | 68 MADIN ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 25 Sep 2013. Using an estimated price of £119,748 means this house is valued at £1,596 per sq meter (£148 per sq foot).
The average size of a house on MADIN ROAD is 86 sq meters (926 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Madin Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Madin Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Baker Street |
| Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near Baker Street |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Tipps Stone Close |