£153,845
This estimated value is based upon the latest sale price for the house of £34,500 on 26 Feb 1999. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Pelham Road
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| Price Paid | Date |
|---|---|
| £34,500 | 26 Feb 1999 |
| Terraced |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 February 1999 the House Price Index for WEST MIDLANDS was 32.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 345.930%.Applying this 345.930% change to the original purchase price of £34,500 results in an estimated price of approximately £153,845.
| 26 Feb 1999 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.9 | 146.7 | 345.930 % | £34,500 | £119,345 | £153,845 |
The Postcode Pricing Model uses changes in average sales price within the B8 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 | 349.897 % | £120,714 | £155,214 |
| 3 Month Average | 224.169 % | £77,338 | £111,838 |
| 6 Month Average | 288.790 % | £99,632 | £134,132 |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 23 Oct 2013.
The average size of a house on PELHAM ROAD is 80 sq meters (864 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Robbery | Investigation complete; no suspect identified | On or near Pelham Road |
| Mar 2024 | Possession of weapons | Awaiting court outcome | On or near Pelham Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pelham Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Pelham Road |
| Feb 2024 | Burglary | Under investigation | On or near Pelham Road |