£164,681
This estimated value is based upon the latest sale price for the house of £110,000 on 10 Oct 2014. 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 Walsall Road
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| Price Paid | Date |
|---|---|
| £110,000 | 10 Oct 2014 |
| £110,000 | 2 Jul 2012 |
| £109,500 | 27 Oct 2011 |
| £180,000 | 11 Oct 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 October 2014 the House Price Index for WEST MIDLANDS was 99.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.711%.Applying this 49.711% change to the original purchase price of £110,000 results in an estimated price of approximately £164,681.
| 10 Oct 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 148.6 | 49.711 % | £110,000 | £54,681 | £164,681 |
The Postcode Pricing Model uses changes in average sales price within the B71 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 | 29.967 % | £32,963 | £142,963 |
| 3 Month Average | 70.455 % | £77,500 | £187,500 |
| 6 Month Average | 86.069 % | £94,675 | £204,675 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £122,137 | £120,000 | 5 SIMON CLOSE |
| 11 Aug 2023 | £292,559 | £290,000 | 82 BUSTLEHOLME LANE |
| 13 Jul 2023 | £237,192 | £234,000 | 26 JAYNE CLOSE |
| 30 Jun 2023 | £202,452 | £200,000 | 6 JAYNE CLOSE |
| 6 Jun 2023 | £215,106 | £212,500 | 2 ELFORD ROAD |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 19 Jun 2012. Using an estimated price of £164,682 means this house is valued at £1,646 per sq meter (£152 per sq foot).
The average size of a house on WALSALL ROAD is 81 sq meters (876 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Walsall Road |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Walsall Road |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Florence Grove |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Simon Close |
| Feb 2024 | Drugs | Under investigation | On or near Simon Close |