£276,478
This estimated value is based upon the latest sale price for the house of £125,000 on 17 Nov 2003. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There have been three burglaries within the last year on or near Supermarket
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| Price Paid | Date |
|---|---|
| £125,000 | 17 Nov 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 79 sq meters or 850 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 November 2003 the House Price Index for WEST MIDLANDS was 67.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 121.183%.Applying this 121.183% change to the original purchase price of £125,000 results in an estimated price of approximately £276,478.
| 17 Nov 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 67.2 | 148.6 | 121.183 % | £125,000 | £151,478 | £276,478 |
The Postcode Pricing Model uses changes in average sales price within the B76 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 | 81.330 % | £101,662 | £226,662 |
| 3 Month Average | 108.011 % | £135,013 | £260,013 |
| 6 Month Average | 105.473 % | £131,841 | £256,841 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £833,466 | £822,809 | 2 FOREST PARK |
| 26 Apr 2023 | £363,918 | £360,000 | 1 HOLLYFIELD ROAD SOUTH |
| 18 Aug 2022 | £357,039 | £358,000 | 4 REDDICAP HILL |
| 13 May 2022 | £244,609 | £240,000 | 478 WALMLEY ROAD |
| 4 May 2022 | £629,359 | £617,500 | 16 FOREST PARK |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 15 May 2019. Using an estimated price of £276,478 means this house is valued at £3,499 per sq meter (£325 per sq foot).
The average size of a house on WALMLEY ROAD is 107 sq meters (1,158 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Supermarket |
| Mar 2024 | Shoplifting | Unable to prosecute suspect | On or near Supermarket |
| Mar 2024 | Burglary | Under investigation | On or near Supermarket |
| Mar 2024 | Burglary | Under investigation | On or near Supermarket |
| Mar 2024 | Burglary | Under investigation | On or near Supermarket |