£106,519
This estimated value is based upon the latest sale price for the house of £23,000 on 19 Oct 1998. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £23,000 | 19 Oct 1998 |
| 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 October 1998 the House Price Index for WEST MIDLANDS was 32.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 363.127%.Applying this 363.127% change to the original purchase price of £23,000 results in an estimated price of approximately £106,519.
| 19 Oct 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.1 | 148.6 | 363.127 % | £23,000 | £83,519 | £106,519 |
The Postcode Pricing Model uses changes in average sales price within the B6 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 | 555.884 % | £127,853 | £150,853 |
| 3 Month Average | 922.333 % | £212,136 | £235,136 |
| 6 Month Average | 486.208 % | £111,827 | £134,827 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2023 | £162,183 | £160,000 | 25 NELSON ROAD |
| 8 Sep 2022 | £198,398 | £200,000 | 289 WITTON ROAD |
| 19 May 2021 | £122,044 | £108,000 | 16 ENDICOTT ROAD |
| 30 Apr 2020 | £128,896 | £105,000 | 72 JARDINE ROAD |
| 23 Jul 2019 | £160,339 | £130,000 | 47 NELSON ROAD |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 8 Sep 2018. Using an estimated price of £106,519 means this house is valued at £1,500 per sq meter (£139 per sq foot).
The average size of a house on NELSON ROAD is 86 sq meters (932 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Jardine Road |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Jardine Road |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Jardine Road |
| Feb 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Jardine Road |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Jardine Road |