£390,144
This estimated value is based upon the latest sale price for the house of £275,000 on 11 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 |
|---|---|
| £275,000 | 11 Sep 2015 |
| £209,000 | 29 Nov 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 £275,000 results in an estimated price of approximately £390,144.
| 11 Sep 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.7 | 148.6 | 41.871 % | £275,000 | £115,144 | £390,144 |
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 | -22.800 % | £-62,698 | £212,301 |
| 3 Month Average | 39.631 % | £108,983 | £383,983 |
| 6 Month Average | 38.601 % | £106,153 | £381,153 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Aug 2023 | £474,148 | £470,000 | 19 WALTER COBB DRIVE |
| 30 Jun 2023 | £506,131 | £500,000 | 32 SILVERMEAD ROAD |
| 28 Jun 2023 | £126,533 | £125,000 | 189 HIGHBRIDGE ROAD |
| 17 Mar 2023 | £429,042 | £425,000 | 49 WESTERN ROAD |
| 19 Aug 2022 | £73,801 | £74,000 | FLAT 6 BURNSIDE COURT, 140 HIGHBRIDGE ROAD |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 6 May 2013. Using an estimated price of £390,144 means this house is valued at £4,106 per sq meter (£381 per sq foot).
The average size of a house on WALTER COBB DRIVE is 117 sq meters (1,267 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Walter Cobb Drive |
| Jan 2024 | Robbery | Investigation complete; no suspect identified | On or near Silvermead Road |
| Mar 2024 | Vehicle crime | Under investigation | On or near Highbridge Road |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Highbridge Road |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Parking Area |