£495,110
This estimated value is based upon the latest sale price for the house of £335,000 on 16 Feb 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £335,000 | 16 Feb 2015 |
| £249,999 | 2 Sep 2005 |
| £265,000 | 13 May 2005 |
| £161,000 | 28 Sep 2001 |
| Detached |
| Freehold |
| Floor Area: 136 sq meters or 1,463 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 2015 the House Price Index for WEST MIDLANDS was 100.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.794%.Applying this 47.794% change to the original purchase price of £335,000 results in an estimated price of approximately £495,110.
| 16 Feb 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.5 | 148.6 | 47.794 % | £335,000 | £160,110 | £495,110 |
The Postcode Pricing Model uses changes in average sales price within the WS4 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 | 58.662 % | £196,516 | £531,516 |
| 3 Month Average | -10.592 % | £-35,483 | £299,516 |
| 6 Month Average | 19.411 % | £65,028 | £400,028 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Aug 2023 | £322,824 | £320,000 | 16 RUSHWOOD CLOSE |
| 4 Apr 2023 | £189,541 | £187,500 | FLAT 11 MELROSE COURT, 35 MELLISH ROAD |
| 17 Feb 2023 | £329,778 | £330,000 | 9 CAMERON ROAD |
| 19 Aug 2022 | £126,659 | £127,000 | FLAT 12 MELROSE COURT, 35 MELLISH ROAD |
| 26 Jul 2022 | £150,405 | £150,000 | FLAT 1 MELROSE COURT, 35 MELLISH ROAD |
This house has a floor area of 136 sq meters or 1,463 sq feet when measured on 5 Jul 2015. Using an estimated price of £495,111 means this house is valued at £3,640 per sq meter (£338 per sq foot).
The average size of a house on MELLISH ROAD is 115 sq meters (1,244 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rushwood Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Calderfields Close |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Leigh Close |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Buchanan Close |
| Feb 2024 | Burglary | Under investigation | On or near Buchanan Close |