£240,399
This estimated value is based upon the latest sale price for the house of £140,000 on 11 Feb 2011. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £140,000 | 11 Feb 2011 |
| £59,950 | 8 Oct 1999 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 2011 the House Price Index for WEST MIDLANDS was 86.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.714%.Applying this 71.714% change to the original purchase price of £140,000 results in an estimated price of approximately £240,399.
| 11 Feb 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.5 | 148.6 | 71.714 % | £140,000 | £100,399 | £240,399 |
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 | 6.427 % | £8,997 | £148,997 |
| 3 Month Average | 59.965 % | £83,950 | £223,950 |
| 6 Month Average | 55.563 % | £77,787 | £217,787 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £313,485 | £308,000 | 58 ELIZABETH ROAD |
| 18 Aug 2023 | £388,398 | £385,000 | 73 KINGS ROAD |
| 19 Jun 2023 | £227,759 | £225,000 | 42 ELIZABETH ROAD |
| 27 Apr 2023 | £303,265 | £300,000 | 444 CHESTER ROAD NORTH |
| 24 Feb 2023 | £324,781 | £325,000 | 55 ELIZABETH ROAD |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 31 May 2018. Using an estimated price of £240,400 means this house is valued at £3,122 per sq meter (£290 per sq foot).
The average size of a house on KINGS ROAD is 85 sq meters (924 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Kings Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |
| Mar 2024 | Anti-social behaviour | On or near Petrol Station | |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Petrol Station |
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Petrol Station |