£325,027
This estimated value is based upon the latest sale price for the house of £250,000 on 23 Feb 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £250,000 | 23 Feb 2017 |
| £112,000 | 13 Jul 2001 |
| Terraced |
| 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 February 2017 the House Price Index for WEST MIDLANDS was 114.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.011%.Applying this 30.011% change to the original purchase price of £250,000 results in an estimated price of approximately £325,027.
| 23 Feb 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.3 | 148.6 | 30.011 % | £250,000 | £75,027 | £325,027 |
The Postcode Pricing Model uses changes in average sales price within the WS5 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 | 45.239 % | £113,097 | £363,097 |
| 3 Month Average | 27.405 % | £68,511 | £318,511 |
| 6 Month Average | 22.776 % | £56,939 | £306,939 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £253,238 | £250,000 | 37 DAFFODIL ROAD |
| 31 Aug 2023 | £244,892 | £242,750 | 8 APPLEDORE ROAD |
| 20 Jan 2023 | £223,945 | £225,000 | 81 FALLOWFIELD ROAD |
| 1 Sep 2022 | £307,517 | £310,000 | 53 FALLOWFIELD ROAD |
| 24 Aug 2022 | £272,267 | £273,000 | 9 FURZE WAY |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 18 Aug 2016. Using an estimated price of £325,027 means this house is valued at £4,114 per sq meter (£382 per sq foot).
The average size of a house on DAFFODIL ROAD is 82 sq meters (892 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Daffodil Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Daffodil Road |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Furze Way |
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Furze Way |
| Mar 2024 | Public order | Under investigation | On or near The Croft |