£293,698
This estimated value is based upon the latest sale price for the house of £179,500 on 10 Oct 2013. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£179,500 | 10 Oct 2013 |
£139,000 | 14 May 2004 |
Semi-Detached |
Freehold |
Floor Area: 113 sq meters or 1,216 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 October 2013 the House Price Index for WEST MIDLANDS was 90.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 63.621%.Applying this 63.621% change to the original purchase price of £179,500 results in an estimated price of approximately £293,698.
10 Oct 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
90.8 | 148.6 | 63.621 % | £179,500 | £114,198 | £293,698 |
The Postcode Pricing Model uses changes in average sales price within the B63 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 | 48.799 % | £87,594 | £267,094 |
3 Month Average | 27.454 % | £49,279 | £228,779 |
6 Month Average | 43.307 % | £77,736 | £257,236 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 May 2022 | £264,993 | £260,000 | 5 SUMMIT GARDENS |
14 Apr 2022 | £231,705 | £225,000 | 65 ALBERT ROAD |
3 Dec 2021 | £514,261 | £480,000 | 149 HAGLEY ROAD |
7 Oct 2021 | £111,201 | £100,500 | 260 HAGLEY ROAD |
30 Jun 2021 | £232,825 | £217,000 | 95 ALBERT ROAD |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 19 May 2014. Using an estimated price of £293,699 means this house is valued at £2,599 per sq meter (£241 per sq foot).
The average size of a house on ALBERT ROAD is 83 sq meters (894 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Summit Gardens |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wall Well |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Instone Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Instone Road |
Dec 2023 | Drugs | Local resolution | On or near Albert Drive |