£294,305
This estimated value is based upon the latest sale price for the house of £183,000 on 26 Feb 2007. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £183,000 | 26 Feb 2007 |
| Terraced |
| Freehold |
| Floor Area: 105 sq meters or 1,130 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 February 2007 the House Price Index for WEST MIDLANDS was 91.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 60.823%.Applying this 60.823% change to the original purchase price of £183,000 results in an estimated price of approximately £294,305.
| 26 Feb 2007 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.2 | 146.7 | 60.823 % | £183,000 | £111,305 | £294,305 |
The Postcode Pricing Model uses changes in average sales price within the B75 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 | 94.505 % | £172,943 | £355,943 |
| 3 Month Average | 73.960 % | £135,346 | £318,346 |
| 6 Month Average | 66.842 % | £122,320 | £305,320 |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 15 Jul 2015.
The average size of a house on TOWER ROAD is 90 sq meters (973 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Tower Road |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Wilmcote Drive |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Wilmcote Drive |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Wilmcote Drive |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Bodington Road |