£193,762
This estimated value is based upon the latest sale price for the house of £123,500 on 17 Aug 2007. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £123,500 | 17 Aug 2007 |
| £106,000 | 1 Nov 2006 |
| £105,000 | 18 Jul 2003 |
| £75,500 | 14 Feb 2003 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 764 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 August 2007 the House Price Index for WEST MIDLANDS was 94.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 56.893%.Applying this 56.893% change to the original purchase price of £123,500 results in an estimated price of approximately £193,762.
| 17 Aug 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.7 | 148.6 | 56.893 % | £123,500 | £70,262 | £193,762 |
The Postcode Pricing Model uses changes in average sales price within the B28 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 | -13.139 % | £-16,227 | £107,272 |
| 3 Month Average | 32.308 % | £39,900 | £163,400 |
| 6 Month Average | 57.434 % | £70,930 | £194,430 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £209,096 | £206,000 | 19 ARKLEY GROVE |
| 21 Sep 2023 | £162,072 | £160,000 | 14 ARKLEY GROVE |
| 30 Jun 2023 | £223,710 | £221,000 | 59 MAPLETON ROAD |
| 27 Oct 2021 | £276,620 | £250,000 | 155 REDSTONE FARM ROAD |
| 28 Sep 2021 | £175,648 | £163,000 | 87 MAPLETON ROAD |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 16 Jun 2012. Using an estimated price of £193,763 means this house is valued at £2,729 per sq meter (£253 per sq foot).
The average size of a house on MAPLETON ROAD is 84 sq meters (913 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Redstone Farm Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Redstone Farm Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Redstone Farm Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Redstone Farm Road |
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Mapleton Road |