£123,338
This estimated value is based upon the latest sale price for the house of £83,000 on 16 Jan 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£83,000 | 16 Jan 2015 |
Terraced |
Freehold |
Floor Area: 68 sq meters or 731 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 January 2015 the House Price Index for WEST MIDLANDS was 100.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 48.600%.Applying this 48.600% change to the original purchase price of £83,000 results in an estimated price of approximately £123,338.
16 Jan 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
100.0 | 148.6 | 48.600 % | £83,000 | £40,338 | £123,338 |
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 | 45.281 % | £37,583 | £120,583 |
3 Month Average | 25.057 % | £20,797 | £103,797 |
6 Month Average | 30.520 % | £25,331 | £108,331 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £405,181 | £400,000 | 34 ROWAN ROAD |
3 Jul 2023 | £354,775 | £350,000 | 36 ROWAN ROAD |
30 Jun 2023 | £263,188 | £260,000 | 457 WEST BROMWICH ROAD |
31 Jan 2023 | £54,742 | £55,000 | 23 STIRRUP CLOSE |
3 Oct 2022 | £100,171 | £101,250 | FLAT 17 DEIGHTON COURT, 1 BROCKHURST CRESCENT |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 26 Jun 2014. Using an estimated price of £123,338 means this house is valued at £1,813 per sq meter (£168 per sq foot).
The average size of a house on WEST BROMWICH ROAD is 91 sq meters (982 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Robbery | Under investigation | On or near Sarah Gardens |
Mar 2024 | Violence and sexual offences | Under investigation | On or near West Bromwich Road |
Mar 2024 | Criminal damage and arson | Under investigation | On or near West Bromwich Road |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near West Bromwich Road |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near West Bromwich Road |