£251,079
This estimated value is based upon the latest sale price for the house of £233,000 on 24 Sep 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £233,000 | 24 Sep 2021 |
| Detached |
| Freehold |
| Floor Area: 77 sq meters or 828 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 September 2021 the House Price Index for WEST MIDLANDS was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £233,000 results in an estimated price of approximately £251,079.
| 24 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.6 | 7.759 % | £233,000 | £18,079 | £251,079 |
The Postcode Pricing Model uses changes in average sales price within the B24 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 | -47.879 % | £-111,558 | £121,441 |
| 3 Month Average | -11.964 % | £-27,877 | £205,122 |
| 6 Month Average | -17.511 % | £-40,801 | £192,198 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Jun 2023 | £212,069 | £209,500 | 19 DEAKIN ROAD |
| 8 Mar 2023 | £161,522 | £160,000 | 78 DEAKIN ROAD |
| 16 Feb 2023 | £479,677 | £480,000 | 8 ROLLASON ROAD |
| 31 Aug 2022 | £241,350 | £242,000 | 21 DEAKIN ROAD |
| 10 Aug 2022 | £199,463 | £200,000 | 83 TRAFALGAR ROAD |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 10 Jun 2021. Using an estimated price of £251,079 means this house is valued at £3,260 per sq meter (£302 per sq foot).
The average size of a house on DEAKIN ROAD is 86 sq meters (930 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Deakin Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Deakin Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Deakin Road |
| Dec 2023 | Violence and sexual offences | Action to be taken by another organisation | On or near Deakin Road |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Trafalgar Road |