£514,521
This estimated value is based upon the latest sale price for the house of £360,000 on 20 Aug 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There have been three burglaries within the last year on or near Dorchester Court
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| Price Paid | Date |
|---|---|
| £360,000 | 20 Aug 2015 |
| Detached |
| Freehold |
| Floor Area: 76 sq meters or 818 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 August 2015 the House Price Index for WEST MIDLANDS was 104.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 42.923%.Applying this 42.923% change to the original purchase price of £360,000 results in an estimated price of approximately £514,521.
| 20 Aug 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.0 | 148.6 | 42.923 % | £360,000 | £154,521 | £514,521 |
The Postcode Pricing Model uses changes in average sales price within the B91 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 | 3.548 % | £12,774 | £372,774 |
| 3 Month Average | -22.842 % | £-82,232 | £277,767 |
| 6 Month Average | 4.120 % | £14,830 | £374,830 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £400,936 | £395,000 | FLAT 5 BLOSSOMFIELD GARDENS, 34 BLOSSOMFIELD ROAD |
| 9 Mar 2023 | £262,473 | £260,000 | FLAT 7 DORCHESTER COURT DORCHESTER ROAD |
| 18 Aug 2022 | £279,248 | £280,000 | FLAT 8 DORCHESTER COURT DORCHESTER ROAD |
| 22 Jun 2022 | £413,849 | £408,000 | APARTMENT 5 76 DORCHESTER ROAD |
| 1 Jun 2022 | £329,659 | £325,000 | FLAT 2 BLOSSOMFIELD GARDENS, 34 BLOSSOMFIELD ROAD |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 14 Apr 2015. Using an estimated price of £514,522 means this house is valued at £6,770 per sq meter (£628 per sq foot).
The average size of a house on DORCHESTER ROAD is 117 sq meters (1,262 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Dorchester Court |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Dorchester Court |
| Mar 2024 | Burglary | Under investigation | On or near Dorchester Court |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Dorchester Court |