£283,734
This estimated value is based upon the latest sale price for the house of £199,995 on 25 Sep 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £199,995 | 25 Sep 2015 |
| £199,995 | 25 Sep 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 2015 the House Price Index for WEST MIDLANDS was 104.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 41.871%.Applying this 41.871% change to the original purchase price of £199,995 results in an estimated price of approximately £283,734.
| 25 Sep 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.7 | 148.6 | 41.871 % | £199,995 | £83,739 | £283,734 |
The Postcode Pricing Model uses changes in average sales price within the B28 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 | 26.112 % | £52,222 | £252,217 |
| 3 Month Average | 21.587 % | £43,172 | £243,167 |
| 6 Month Average | 61.884 % | £123,765 | £323,760 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Aug 2022 | £284,235 | £285,000 | 26 SILVERLANDS CLOSE |
| 17 Jun 2022 | £253,584 | £250,000 | 33 CATESWELL ROAD |
| 4 Mar 2022 | £279,791 | £270,000 | 190 BROOKLANDS ROAD |
| 16 Jul 2021 | £187,905 | £163,500 | FLAT 9 COMPASS COURT, 99 WELBY ROAD |
| 5 Jul 2021 | £143,658 | £125,000 | APARTMENT 1 49 WELBY ROAD |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 18 Sep 2015. Using an estimated price of £283,734 means this house is valued at £3,299 per sq meter (£306 per sq foot).
The average size of a house on WELBY ROAD is 83 sq meters (903 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Welby Road |
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Welby Road |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Silverlands Close |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Silverlands Close |
| Jan 2024 | Violence and sexual offences | Offender given a caution | On or near Silverlands Close |