£304,495
This estimated value is based upon the latest sale price for the house of £164,000 on 27 Mar 2009. 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 | 27 Mar 2009 |
£83,000 | 27 Oct 2000 |
Terraced |
Freehold |
Floor Area: 103 sq meters or 1,112 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 March 2009 the House Price Index for WEST MIDLANDS was 80.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 85.668%.Applying this 85.668% change to the original purchase price of £164,000 results in an estimated price of approximately £304,495.
27 Mar 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
80.0 | 148.6 | 85.668 % | £164,000 | £140,495 | £304,495 |
The Postcode Pricing Model uses changes in average sales price within the B28 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 | 48.393 % | £79,364 | £243,364 |
3 Month Average | 42.016 % | £68,905 | £232,905 |
6 Month Average | 80.404 % | £131,863 | £295,863 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 May 2022 | £504,506 | £495,000 | 88 BROOKLANDS ROAD |
4 Mar 2022 | £344,039 | £332,000 | 40 SCHOOL ROAD |
20 Nov 2020 | £318,822 | £275,000 | 9 FINMERE ROAD |
29 May 2020 | £336,375 | £275,000 | 138 BROOKLANDS ROAD |
18 Dec 2019 | £300,557 | £245,000 | 38 HAZELMERE ROAD |
This house has a floor area of 103 sq meters or 1,112 sq feet when measured on 5 Nov 2008. Using an estimated price of £304,496 means this house is valued at £2,944 per sq meter (£273 per sq foot).
The average size of a house on HAZELMERE ROAD is 110 sq meters (1,189 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Hazelmere Road |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hazelmere Road |
Dec 2023 | Other crime | Investigation complete; no suspect identified | On or near Finmere Road |
Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Finmere Road |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Finmere Road |