£180,094
This estimated value is based upon the latest sale price for the house of £128,000 on 26 Oct 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £128,000 | 26 Oct 2015 |
| £106,000 | 2 Sep 2004 |
| £57,000 | 30 Jul 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 83 sq meters or 893 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 October 2015 the House Price Index for WEST MIDLANDS was 105.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 40.699%.Applying this 40.699% change to the original purchase price of £128,000 results in an estimated price of approximately £180,094.
| 26 Oct 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 105.6 | 148.6 | 40.699 % | £128,000 | £52,094 | £180,094 |
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 | -13.832 % | £-17,704 | £110,295 |
| 3 Month Average | 37.246 % | £47,675 | £175,675 |
| 6 Month Average | 36.942 % | £47,285 | £175,285 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Aug 2023 | £474,148 | £470,000 | 19 WALTER COBB DRIVE |
| 30 Jun 2023 | £506,131 | £500,000 | 32 SILVERMEAD ROAD |
| 25 Feb 2022 | £529,591 | £505,000 | 1 BEACON ROAD |
| 12 Feb 2020 | £705,954 | £577,000 | 11 SILVERMEAD ROAD |
| 17 May 2019 | £618,069 | £500,000 | 59 FREDERICK ROAD |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 24 Jan 2014.
The average size of a house on WESTERN ROAD is 124 sq meters (1,342 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Walter Cobb Drive |
| Jan 2024 | Robbery | Investigation complete; no suspect identified | On or near Silvermead Road |
| Mar 2024 | Vehicle crime | Under investigation | On or near Highbridge Road |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Highbridge Road |
| Mar 2024 | Criminal damage and arson | On or near Wylde Green (Station) |