£89,567
This estimated value is based upon the latest sale price for the house of £47,500 on 23 Dec 2004. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £47,500 | 23 Dec 2004 |
| £16,500 | 11 Jan 1999 |
| £12,995 | 20 May 1997 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 850 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 2004 the House Price Index for WEST MIDLANDS was 78.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 88.564%.Applying this 88.564% change to the original purchase price of £47,500 results in an estimated price of approximately £89,567.
| 23 Dec 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.8 | 148.6 | 88.564 % | £47,500 | £42,067 | £89,567 |
The Postcode Pricing Model uses changes in average sales price within the B19 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 | 24.288 % | £11,536 | £59,036 |
| 3 Month Average | 121.128 % | £57,536 | £105,036 |
| 6 Month Average | 116.199 % | £55,194 | £102,694 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £117,048 | £115,000 | 5 POPLAR AVENUE |
| 21 Nov 2023 | £106,578 | £105,000 | 7 POPLAR AVENUE |
| 28 Jul 2023 | £162,183 | £160,000 | 108 FINCH ROAD |
| 24 Feb 2023 | £164,889 | £165,000 | 43 ROLAND ROAD |
| 8 Feb 2023 | £234,842 | £235,000 | 44 LEONARD ROAD |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 10 Mar 2014. Using an estimated price of £89,568 means this house is valued at £1,133 per sq meter (£105 per sq foot).
The average size of a house on ROLAND ROAD is 97 sq meters (1,050 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Possession of weapons | Under investigation | On or near Roland Road |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Maple Grove |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Maple Grove |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Poplar Grove |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Leonard Road |