£724,707
This estimated value is based upon the latest sale price for the house of £600,000 on 7 Feb 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£600,000 | 7 Feb 2020 |
Terraced |
Freehold |
Floor Area: 190 sq meters or 2,045 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 2020 the House Price Index for WEST MIDLANDS was 121.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 20.785%.Applying this 20.785% change to the original purchase price of £600,000 results in an estimated price of approximately £724,707.
7 Feb 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.5 | 146.7 | 20.785 % | £600,000 | £124,707 | £724,707 |
The Postcode Pricing Model uses changes in average sales price within the B5 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 | -41.395 % | £-248,369 | £351,630 |
3 Month Average | -22.003 % | £-132,020 | £467,979 |
6 Month Average | -23.649 % | £-141,893 | £458,106 |
This house has a floor area of 190 sq meters or 2,045 sq feet when measured on 11 Jun 2019.
The average size of a house on BRISTOL ROAD is 134 sq meters (1,451 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Robbery | Under investigation | On or near Sports/Recreation Area |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
Nov 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
Feb 2024 | Anti-social behaviour | On or near Eastern Road | |
Nov 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Eastern Road |