£139,486
This estimated value is based upon the latest sale price for the house of £114,252 on 8 Apr 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £114,252 | 8 Apr 2019 |
| £115,000 | 31 May 2012 |
| Terraced |
| Freehold |
| Floor Area: 129 sq meters or 1,388 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 April 2019 the House Price Index for WEST MIDLANDS was 120.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 22.087%.Applying this 22.087% change to the original purchase price of £114,252 results in an estimated price of approximately £139,486.
| 8 Apr 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 146.7 | 22.087 % | £114,252 | £25,234 | £139,486 |
The Postcode Pricing Model uses changes in average sales price within the B21 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 | 22.415 % | £25,609 | £139,861 |
| 3 Month Average | 15.817 % | £18,071 | £132,323 |
| 6 Month Average | 35.632 % | £40,710 | £154,962 |
This house has a floor area of 129 sq meters or 1,388 sq feet when measured on 14 Oct 2016.
The average size of a house on MURDOCK ROAD is 137 sq meters (1,481 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Alfred Road |
| Mar 2024 | Other theft | Under investigation | On or near Alfred Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Alfred Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Alfred Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Alfred Road |