£1,162,342
This estimated value is based upon the latest sale price for the house of £875,000 on 22 Sep 2016. 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 Supermarket
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| Price Paid | Date |
|---|---|
| £875,000 | 22 Sep 2016 |
| Detached |
| Freehold |
| Floor Area: 258 sq meters or 2,777 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 September 2016 the House Price Index for WEST MIDLANDS was 111.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.839%.Applying this 32.839% change to the original purchase price of £875,000 results in an estimated price of approximately £1,162,342.
| 22 Sep 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 148.6 | 32.839 % | £875,000 | £287,342 | £1,162,342 |
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 | 14.367 % | £125,710 | £1,000,710 |
| 3 Month Average | -19.577 % | £-171,299 | £703,700 |
| 6 Month Average | 7.427 % | £64,986 | £939,986 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £457,963 | £449,950 | 16 FEATHERSTONE CRESCENT |
| 20 Sep 2023 | £491,282 | £485,000 | 10 WIDNEY LANE |
| 21 Aug 2023 | £479,192 | £475,000 | 314 BLOSSOMFIELD ROAD |
| 17 Jul 2023 | £196,241 | £193,600 | 58 FEATHERSTONE CRESCENT |
| 8 Jun 2023 | £374,537 | £370,000 | 340 BLOSSOMFIELD ROAD |
This house has a floor area of 258 sq meters or 2,777 sq feet when measured on 12 Sep 2016. Using an estimated price of £1,162,342 means this house is valued at £4,505 per sq meter (£418 per sq foot).
The average size of a house on BLOSSOMFIELD ROAD is 133 sq meters (1,439 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Supermarket |
| Mar 2024 | Robbery | Under investigation | On or near Supermarket |
| Mar 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Supermarket |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Supermarket |