£221,735
This estimated value is based upon the latest sale price for the house of £129,000 on 20 Jan 2012. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£129,000 | 20 Jan 2012 |
£46,000 | 30 Apr 1998 |
Terraced |
Freehold |
Floor Area: 76 sq meters or 828 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 January 2012 the House Price Index for WEST MIDLANDS was 86.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.888%.Applying this 71.888% change to the original purchase price of £129,000 results in an estimated price of approximately £221,735.
20 Jan 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.5 | 148.6 | 71.888 % | £129,000 | £92,735 | £221,735 |
The Postcode Pricing Model uses changes in average sales price within the B28 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 | -8.754 % | £-11,292 | £117,707 |
3 Month Average | 42.472 % | £54,789 | £183,789 |
6 Month Average | 58.237 % | £75,125 | £204,125 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £172,519 | £169,500 | 120 PITMASTON ROAD |
20 Nov 2023 | £238,531 | £235,000 | 117 ARKLEY ROAD |
8 Sep 2023 | £208,668 | £206,000 | 43 HAZELVILLE ROAD |
1 Sep 2023 | £182,331 | £180,000 | 26 ARKLEY ROAD |
23 Jun 2023 | £202,452 | £200,000 | 12 HALEWOOD GROVE |
This house has a floor area of 76 sq meters or 828 sq feet when measured on 17 Jan 2012. Using an estimated price of £221,735 means this house is valued at £2,881 per sq meter (£267 per sq foot).
The average size of a house on PITMASTON ROAD is 79 sq meters (858 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Pitmaston Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Pitmaston Road |
Feb 2024 | Other theft | Under investigation | On or near Pitmaston Road |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Halewood Grove |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Halewood Grove |