£275,215
This estimated value is based upon the latest sale price for the house of £225,000 on 22 May 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There have been two burglaries within the last year on or near Trafalgar Road
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| Price Paid | Date |
|---|---|
| £225,000 | 22 May 2020 |
| £157,000 | 8 Feb 2008 |
| £139,000 | 27 Feb 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 84 sq meters or 904 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 May 2020 the House Price Index for WEST MIDLANDS was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.318%.Applying this 22.318% change to the original purchase price of £225,000 results in an estimated price of approximately £275,215.
| 22 May 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.318 % | £225,000 | £50,215 | £275,215 |
The Postcode Pricing Model uses changes in average sales price within the B24 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 | -47.165 % | £-106,121 | £118,878 |
| 3 Month Average | 12.928 % | £29,088 | £254,088 |
| 6 Month Average | 4.365 % | £9,822 | £234,822 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2023 | £161,522 | £160,000 | 78 DEAKIN ROAD |
| 10 Aug 2022 | £199,463 | £200,000 | 83 TRAFALGAR ROAD |
| 13 Jul 2022 | £320,864 | £320,000 | 45 ROLLASON ROAD |
| 31 May 2022 | £173,265 | £170,000 | 107 TRAFALGAR ROAD |
| 6 May 2022 | £168,169 | £165,000 | 72 DEAKIN ROAD |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 19 Feb 2020. Using an estimated price of £275,216 means this house is valued at £3,276 per sq meter (£304 per sq foot).
The average size of a house on DEAKIN ROAD is 86 sq meters (930 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Trafalgar Road |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Trafalgar Road |
| Mar 2024 | Burglary | Unable to prosecute suspect | On or near Trafalgar Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Trafalgar Road |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Trafalgar Road |