£370,981
This estimated value is based upon the latest sale price for the house of £358,000 on 18 Mar 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £358,000 | 18 Mar 2022 |
| £106,000 | 15 Oct 1999 |
| Terraced |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 March 2022 the House Price Index for WEST MIDLANDS was 143.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 3.626%.Applying this 3.626% change to the original purchase price of £358,000 results in an estimated price of approximately £370,981.
| 18 Mar 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 148.6 | 3.626 % | £358,000 | £12,981 | £370,981 |
The Postcode Pricing Model uses changes in average sales price within the B73 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 | -0.427 % | £-1,529 | £356,470 |
| 3 Month Average | 1.493 % | £5,345 | £363,345 |
| 6 Month Average | 6.210 % | £22,232 | £380,232 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £454,732 | £448,000 | 65 WELFORD ROAD |
| 10 Nov 2023 | £482,138 | £475,000 | 25 WELFORD ROAD |
| 11 Aug 2023 | £424,211 | £420,500 | 38 COLLEGE ROAD |
| 4 Aug 2022 | £401,419 | £402,500 | 15 WELFORD ROAD |
| 28 Jul 2022 | £431,161 | £430,000 | 24 KINETON ROAD |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 1 Dec 2021. Using an estimated price of £370,982 means this house is valued at £3,637 per sq meter (£337 per sq foot).
The average size of a house on WELFORD ROAD is 111 sq meters (1,199 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Welford Road |
| Mar 2024 | Other crime | Investigation complete; no suspect identified | On or near Maxstoke Road |
| Mar 2024 | Other theft | Under investigation | On or near Haselor Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Haselor Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Haselor Road |