£313,825
This estimated value is based upon the latest sale price for the house of £295,000 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 |
|---|---|
| £295,000 | 24 Sep 2021 |
| £274,000 | 18 Oct 2019 |
| Terraced |
| Freehold |
| Floor Area: 89 sq meters or 957 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 Feb 2024 is 146.7 which is a change of 6.381%.Applying this 6.381% change to the original purchase price of £295,000 results in an estimated price of approximately £313,825.
| 24 Sep 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 146.7 | 6.381 % | £295,000 | £18,825 | £313,825 |
The Postcode Pricing Model uses changes in average sales price within the DY8 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 | 47.463 % | £140,014 | £435,014 |
| 3 Month Average | 26.235 % | £77,394 | £372,394 |
| 6 Month Average | 15.284 % | £45,087 | £340,087 |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 30 Apr 2019.
The average size of a house on MELLOWDEW ROAD is 99 sq meters (1,076 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other crime | Unable to prosecute suspect | On or near Mellowdew Road |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Silverdale Gardens |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Lawnswood Avenue |
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Lymsey Croft |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lymsey Croft |