£358,268
This estimated value is based upon the latest sale price for the house of £352,000 on 14 Dec 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £352,000 | 14 Dec 2023 |
| £220,000 | 26 Apr 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 66 sq meters or 710 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 December 2023 the House Price Index for WEST MIDLANDS was 146.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.781%.Applying this 1.781% change to the original purchase price of £352,000 results in an estimated price of approximately £358,268.
| 14 Dec 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.0 | 148.6 | 1.781 % | £352,000 | £6,268 | £358,268 |
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 | 20.264 % | £71,327 | £423,327 |
| 3 Month Average | 22.339 % | £78,633 | £430,633 |
| 6 Month Average | -2.255 % | £-7,939 | £344,060 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £358,269 | £352,000 | 396 BIRMINGHAM ROAD |
| 28 Jul 2023 | £153,060 | £151,000 | 28 PARK HALL CLOSE |
| 17 Mar 2023 | £610,754 | £605,000 | 9 CHARLEMONT ROAD |
| 28 Sep 2022 | £344,220 | £347,000 | 390 BIRMINGHAM ROAD |
| 16 Sep 2022 | £307,517 | £310,000 | 14 HOBART DRIVE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 2 Jul 2018. Using an estimated price of £358,269 means this house is valued at £5,428 per sq meter (£504 per sq foot).
The average size of a house on BIRMINGHAM ROAD is 170 sq meters (1,839 sq feet).
This house is the smallest in the street with a floor area of 66 sq meters (710 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Charlemont Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Park Hall Close |
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Park Hall Close |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Park Hall Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Canberra Road |