£115,382
This estimated value is based upon the latest sale price for the house of £70,000 on 18 Oct 2013. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £70,000 | 18 Oct 2013 |
| Terraced |
| Freehold |
| Floor Area: 57 sq meters or 613 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 October 2013 the House Price Index for WEST MIDLANDS was 90.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 64.832%.Applying this 64.832% change to the original purchase price of £70,000 results in an estimated price of approximately £115,382.
| 18 Oct 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.8 | 149.7 | 64.832 % | £70,000 | £45,382 | £115,382 |
The Postcode Pricing Model uses changes in average sales price within the B64 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 | 113.778 % | £79,644 | £149,644 |
| 3 Month Average | 41.449 % | £29,014 | £99,014 |
| 6 Month Average | 55.315 % | £38,720 | £108,720 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £168,271 | £164,000 | 23 MORGAN CLOSE |
| 31 Oct 2023 | £187,253 | £183,000 | 52 BEARMORE ROAD |
| 20 Mar 2023 | £274,586 | £270,000 | 7 MORGAN CLOSE |
| 26 Aug 2022 | £177,329 | £176,500 | 64 PETFORD STREET |
| 27 May 2022 | £195,082 | £190,000 | 18 BEARMORE ROAD |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 11 Jul 2013. Using an estimated price of £115,382 means this house is valued at £2,024 per sq meter (£188 per sq foot).
The average size of a house on SUTHERLAND ROAD is 75 sq meters (812 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Criminal damage and arson | Under investigation | On or near Bearmore Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bearmore Road |
| Jun 2024 | Anti-social behaviour | On or near Bearmore Road | |
| Jun 2024 | Anti-social behaviour | On or near Bearmore Road | |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bearmore Road |