£73,003
This estimated value is based upon the latest sale price for the house of £13,000 on 14 Sep 1995. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There have been two burglaries within the last year on or near Village Road
More crime details
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| Price Paid | Date |
|---|---|
| £13,000 | 14 Sep 1995 |
| Terraced |
| 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 1995 the House Price Index for WEST MIDLANDS was 26.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 461.569%.Applying this 461.569% change to the original purchase price of £13,000 results in an estimated price of approximately £73,003.
| 14 Sep 1995 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.1 | 146.7 | 461.569 % | £13,000 | £60,003 | £73,003 |
The Postcode Pricing Model uses changes in average sales price within the B6 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 | 535.885 % | £69,665 | £82,665 |
| 3 Month Average | 864.906 % | £112,437 | £125,437 |
| 6 Month Average | 503.101 % | £65,403 | £78,403 |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 12 Aug 2014.
The average size of a house on VILLAGE ROAD is 81 sq meters (871 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Village Road |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Village Road |
| Jan 2024 | Burglary | Unable to prosecute suspect | On or near Village Road |
| Jan 2024 | Burglary | Under investigation | On or near Village Road |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Village Road |