£254,546
This estimated value is based upon the latest sale price for the house of £164,000 on 14 Dec 2007. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£164,000 | 14 Dec 2007 |
£50,000 | 29 Nov 1996 |
Terraced |
Freehold |
Floor Area: 156 sq meters or 1,679 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 December 2007 the House Price Index for WEST MIDLANDS was 95.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.211%.Applying this 55.211% change to the original purchase price of £164,000 results in an estimated price of approximately £254,546.
14 Dec 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.7 | 148.6 | 55.211 % | £164,000 | £90,546 | £254,546 |
The Postcode Pricing Model uses changes in average sales price within the B13 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 | 27.020 % | £44,312 | £208,312 |
3 Month Average | 17.853 % | £29,279 | £193,279 |
6 Month Average | 33.088 % | £54,265 | £218,265 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Sep 2023 | £141,813 | £140,000 | 16 TOWYN ROAD |
12 Sep 2023 | £195,500 | £193,000 | 6 DOVEY ROAD |
2 Jun 2023 | £227,759 | £225,000 | 3 PASSEY ROAD |
1 Feb 2022 | £209,739 | £200,000 | 45 SPRINGFIELD ROAD |
22 Dec 2021 | £188,562 | £176,000 | 49 SPRINGFIELD ROAD |
This house has a floor area of 156 sq meters or 1,679 sq feet when measured on 10 Jan 2017. Using an estimated price of £254,546 means this house is valued at £1,631 per sq meter (£151 per sq foot).
The average size of a house on DOVEY ROAD is 127 sq meters (1,375 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Dovey Road |
Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Dovey Road |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dovey Road |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Springfield Road |
Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Springfield Road |