£750,248
This estimated value is based upon the latest sale price for the house of £442,000 on 16 Apr 2010. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £442,000 | 16 Apr 2010 |
| Detached |
| Freehold |
| Floor Area: 231 sq meters or 2,486 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 April 2010 the House Price Index for WEST MIDLANDS was 87.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.740%.Applying this 69.740% change to the original purchase price of £442,000 results in an estimated price of approximately £750,248.
| 16 Apr 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 148.6 | 69.740 % | £442,000 | £308,248 | £750,248 |
The Postcode Pricing Model uses changes in average sales price within the B73 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 | 3.716 % | £16,422 | £458,422 |
| 3 Month Average | 67.742 % | £299,417 | £741,417 |
| 6 Month Average | 60.238 % | £266,253 | £708,253 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £532,889 | £525,000 | 75 HIGHBRIDGE ROAD |
| 20 Apr 2023 | £197,122 | £195,000 | FLAT 9 VESEY COURT, 49 VESEY ROAD |
| 17 Mar 2023 | £186,760 | £185,000 | FLAT 2 LYMINGTON COURT STATION ROAD |
| 26 Aug 2021 | £177,383 | £159,000 | FLAT 2 BROCKENHURST COURT STATION ROAD |
| 27 Nov 2020 | £1,101,386 | £950,000 | 69 STATION ROAD |
This house has a floor area of 231 sq meters or 2,486 sq feet when measured on 4 Sep 2017. Using an estimated price of £750,249 means this house is valued at £3,247 per sq meter (£301 per sq foot).
The average size of a house on VESEY ROAD is 172 sq meters (1,859 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Vesey Road |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Vesey Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Addenbrooke Drive |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Addenbrooke Drive |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Addenbrooke Drive |