£500,847
This estimated value is based upon the latest sale price for the house of £426,950 on 12 Oct 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £426,950 | 12 Oct 2020 |
| £285,000 | 30 Jul 2009 |
| £259,950 | 30 Jan 2004 |
| £194,950 | 15 Mar 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 108 sq meters or 1,162 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 2020 the House Price Index for WEST MIDLANDS was 126.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 17.308%.Applying this 17.308% change to the original purchase price of £426,950 results in an estimated price of approximately £500,847.
| 12 Oct 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.6 | 17.308 % | £426,950 | £73,897 | £500,847 |
The Postcode Pricing Model uses changes in average sales price within the B91 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 | -22.349 % | £-95,421 | £331,528 |
| 3 Month Average | -41.102 % | £-175,483 | £251,466 |
| 6 Month Average | -3.415 % | £-14,581 | £412,368 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £496,346 | £490,000 | 49 HEATON ROAD |
| 24 Apr 2023 | £386,158 | £382,000 | 1A MELFORD HALL ROAD |
| 31 Aug 2022 | £478,711 | £480,000 | 15 MELFORD HALL ROAD |
| 24 Jun 2022 | £971,225 | £957,500 | 45 MIRFIELD ROAD |
| 20 May 2022 | £448,450 | £440,000 | 25 HEATON ROAD |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 25 Feb 2020. Using an estimated price of £500,848 means this house is valued at £4,637 per sq meter (£430 per sq foot).
The average size of a house on HEATON ROAD is 145 sq meters (1,568 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Heaton Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Heaton Road |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Heaton Road |
| Mar 2024 | Vehicle crime | Under investigation | On or near Marsham Court Road |
| Feb 2024 | Burglary | Under investigation | On or near Marsham Court Road |