£758,472
This estimated value is based upon the latest sale price for the house of £560,000 on 29 Apr 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £560,000 | 29 Apr 2016 |
| £500,000 | 28 Mar 2014 |
| £225,000 | 19 Dec 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 248 sq meters or 2,669 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 2016 the House Price Index for WEST MIDLANDS was 109.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.442%.Applying this 35.442% change to the original purchase price of £560,000 results in an estimated price of approximately £758,472.
| 29 Apr 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 109.7 | 148.6 | 35.442 % | £560,000 | £198,472 | £758,472 |
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 | -20.077 % | £-112,433 | £447,566 |
| 3 Month Average | 23.074 % | £129,216 | £689,216 |
| 6 Month Average | 31.150 % | £174,437 | £734,437 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 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 |
| 28 Feb 2023 | £569,617 | £570,000 | 169 GREEN LANES |
| 18 Mar 2022 | £142,486 | £137,500 | FLAT 7 OSBORN COURT STATION ROAD |
| 26 Aug 2021 | £177,383 | £159,000 | FLAT 2 BROCKENHURST COURT STATION ROAD |
This house has a floor area of 248 sq meters or 2,669 sq feet when measured on 15 Oct 2013. Using an estimated price of £758,473 means this house is valued at £3,058 per sq meter (£284 per sq foot).
The average size of a house on STATION ROAD is 117 sq meters (1,269 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 |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Parking Area |
| Mar 2024 | Vehicle crime | On or near Wylde Green (Station) | |
| Mar 2024 | Criminal damage and arson | On or near Wylde Green (Station) |