£164,661
This estimated value is based upon the latest sale price for the house of £135,000 on 21 Jan 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £135,000 | 21 Jan 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 67 sq meters or 721 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 2020 the House Price Index for WEST MIDLANDS was 121.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.971%.Applying this 21.971% change to the original purchase price of £135,000 results in an estimated price of approximately £164,661.
| 21 Jan 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 148.6 | 21.971 % | £135,000 | £29,661 | £164,661 |
The Postcode Pricing Model uses changes in average sales price within the B71 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 | -0.801 % | £-1,081 | £133,918 |
| 3 Month Average | 18.964 % | £25,600 | £160,600 |
| 6 Month Average | 30.588 % | £41,293 | £176,293 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £188,295 | £185,000 | 96 MARSH LANE |
| 30 Jun 2023 | £207,514 | £205,000 | 8H MELROSE AVENUE |
| 16 Jun 2023 | £219,661 | £217,000 | 85 CANTERBURY ROAD |
| 6 Apr 2023 | £265,357 | £262,500 | 46 BEVERLEY ROAD |
| 31 Mar 2023 | £156,474 | £155,000 | 34 WESTMINSTER ROAD |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 15 Nov 2013. Using an estimated price of £164,661 means this house is valued at £2,457 per sq meter (£228 per sq foot).
The average size of a house on CANTERBURY ROAD is 81 sq meters (873 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Melrose Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Melrose Avenue |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Westminster Road |
| Feb 2024 | Burglary | Under investigation | On or near Westminster Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Westminster Road |