£179,572
This estimated value is based upon the latest sale price for the house of £102,000 on 24 Sep 2009. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £102,000 | 24 Sep 2009 |
| £78,500 | 30 Nov 2007 |
| £33,750 | 29 Jul 1998 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 796 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 September 2009 the House Price Index for WEST MIDLANDS was 83.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 76.052%.Applying this 76.052% change to the original purchase price of £102,000 results in an estimated price of approximately £179,572.
| 24 Sep 2009 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.3 | 146.7 | 76.052 % | £102,000 | £77,572 | £179,572 |
The Postcode Pricing Model uses changes in average sales price within the B20 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 | 139.730 % | £142,524 | £244,524 |
| 3 Month Average | 10.978 % | £11,197 | £113,197 |
| 6 Month Average | 46.381 % | £47,308 | £149,308 |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 30 Jun 2021.
The average size of a house on RAILWAY ROAD is 95 sq meters (1,026 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Robbery | Under investigation | On or near Railway Road |
| Mar 2024 | Drugs | Under investigation | On or near Railway Road |
| Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near Railway Road |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Railway Road |
| Mar 2024 | Other theft | Under investigation | On or near London Road |