£304,393
This estimated value is based upon the latest sale price for the house of £256,000 on 13 Mar 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £256,000 | 13 Mar 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 84 sq meters or 904 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 March 2020 the House Price Index for WEST MIDLANDS was 123.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 18.904%.Applying this 18.904% change to the original purchase price of £256,000 results in an estimated price of approximately £304,393.
| 13 Mar 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 146.7 | 18.904 % | £256,000 | £48,393 | £304,393 |
The Postcode Pricing Model uses changes in average sales price within the B74 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 | 40.984 % | £104,917 | £360,917 |
| 3 Month Average | 11.711 % | £29,979 | £285,979 |
| 6 Month Average | 6.652 % | £17,029 | £273,029 |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 24 Apr 2019.
The average size of a house on FORDWATER ROAD is 100 sq meters (1,078 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Fordwater Road |
| Feb 2024 | Other crime | Under investigation | On or near Field Maple Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Field Maple Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Silverstone Drive |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hundred Acre Road |