£204,057
This estimated value is based upon the latest sale price for the house of £125,000 on 7 Aug 2013. 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 Florence Road
More crime details
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| Price Paid | Date |
|---|---|
| £125,000 | 7 Aug 2013 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 2013 the House Price Index for WEST MIDLANDS was 89.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 63.246%.Applying this 63.246% change to the original purchase price of £125,000 results in an estimated price of approximately £204,057.
| 7 Aug 2013 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.9 | 146.7 | 63.246 % | £125,000 | £79,057 | £204,057 |
The Postcode Pricing Model uses changes in average sales price within the B14 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 | 34.485 % | £43,105 | £168,105 |
| 3 Month Average | 35.531 % | £44,414 | £169,414 |
| 6 Month Average | 57.198 % | £71,497 | £196,497 |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 12 Aug 2014.
The average size of a house on INSTITUTE ROAD is 103 sq meters (1,111 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Florence Road |
| Feb 2024 | Robbery | Under investigation | On or near Florence Road |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Florence Road |
| Dec 2023 | Burglary | Unable to prosecute suspect | On or near Florence Road |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Florence Road |