£148,422
This estimated value is based upon the latest sale price for the house of £125,000 on 11 Sep 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £125,000 | 11 Sep 2020 |
| £91,000 | 11 Nov 2003 |
| Terraced |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 2020 the House Price Index for WEST MIDLANDS was 125.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 18.738%.Applying this 18.738% change to the original purchase price of £125,000 results in an estimated price of approximately £148,422.
| 11 Sep 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.6 | 18.738 % | £125,000 | £23,422 | £148,422 |
The Postcode Pricing Model uses changes in average sales price within the WS5 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 | -28.333 % | £-35,416 | £89,583 |
| 3 Month Average | 35.953 % | £44,941 | £169,941 |
| 6 Month Average | 13.033 % | £16,291 | £141,291 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £101,503 | £100,000 | 24 THE GROVE |
| 30 Jun 2023 | £222,698 | £220,000 | 104 BIRCHFIELD WAY |
| 28 Apr 2023 | £128,382 | £127,000 | 27 FERNBANK CRESCENT |
| 31 Jan 2023 | £179,156 | £180,000 | 19 BRAMLEY ROAD |
| 1 Nov 2021 | £245,747 | £227,225 | 76 PLANETREE ROAD |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 1 May 2020. Using an estimated price of £148,423 means this house is valued at £1,578 per sq meter (£146 per sq foot).
The average size of a house on PLANETREE ROAD is 110 sq meters (1,190 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elmbank Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Elmbank Road |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Plane Tree Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Thorncroft Way |
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Thorncroft Way |