£334,784
This estimated value is based upon the latest sale price for the house of £215,000 on 4 Apr 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £215,000 | 4 Apr 2014 |
| £91,000 | 3 Sep 1996 |
| 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 April 2014 the House Price Index for WEST MIDLANDS was 95.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.714%.Applying this 55.714% change to the original purchase price of £215,000 results in an estimated price of approximately £334,784.
| 4 Apr 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.4 | 148.6 | 55.714 % | £215,000 | £119,784 | £334,784 |
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 | 2.186 % | £4,700 | £219,700 |
| 3 Month Average | 59.216 % | £127,314 | £342,314 |
| 6 Month Average | 53.975 % | £116,046 | £331,046 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Apr 2023 | £475,116 | £470,000 | 3 DALKEITH ROAD |
| 17 Feb 2023 | £464,687 | £465,000 | 50 STIRLING ROAD |
| 1 Feb 2023 | £389,738 | £390,000 | 404 JOCKEY ROAD |
| 28 Oct 2022 | £248,821 | £251,500 | 503 JOCKEY ROAD |
| 28 Oct 2022 | £262,177 | £265,000 | 447 JOCKEY ROAD |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 2 Dec 2013. Using an estimated price of £334,785 means this house is valued at £3,524 per sq meter (£327 per sq foot).
The average size of a house on STIRLING ROAD is 102 sq meters (1,105 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Possession of weapons | Under investigation | On or near Stirling Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Stirling Road |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Plants Close |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Plants Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Denholm Road |