£280,475
This estimated value is based upon the latest sale price for the house of £220,000 on 20 Jul 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £220,000 | 20 Jul 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 July 2017 the House Price Index for WEST MIDLANDS was 116.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.489%.Applying this 27.489% change to the original purchase price of £220,000 results in an estimated price of approximately £280,475.
| 20 Jul 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 148.6 | 27.489 % | £220,000 | £60,475 | £280,475 |
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 | -20.112 % | £-44,246 | £175,753 |
| 3 Month Average | 34.274 % | £75,403 | £295,403 |
| 6 Month Average | 23.078 % | £50,770 | £270,770 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Sep 2022 | £213,278 | £215,000 | 98 SHEFFIELD ROAD |
| 7 Jun 2022 | £205,910 | £203,000 | 4 LENNOX GROVE |
| 25 May 2022 | £290,473 | £285,000 | 2 MARSTON ROAD |
| 2 Mar 2022 | £259,066 | £250,000 | 19 YEW TREE ROAD |
| 28 Jan 2022 | £426,225 | £405,000 | 3 MARSTON ROAD |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 19 May 2017. Using an estimated price of £280,476 means this house is valued at £2,983 per sq meter (£277 per sq foot).
The average size of a house on SHEFFIELD ROAD is 84 sq meters (911 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Yewtree Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Yewtree Road |
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Yewtree Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lennox Grove |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Lennox Grove |