£162,034
This estimated value is based upon the latest sale price for the house of £124,000 on 27 Jan 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £124,000 | 27 Jan 2017 |
| £150,000 | 24 Sep 2013 |
| Terraced |
| Freehold |
| Floor Area: 89 sq meters or 957 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 2017 the House Price Index for WEST MIDLANDS was 113.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.673%.Applying this 30.673% change to the original purchase price of £124,000 results in an estimated price of approximately £162,034.
| 27 Jan 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.7 | 148.6 | 30.673 % | £124,000 | £38,034 | £162,034 |
The Postcode Pricing Model uses changes in average sales price within the B11 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 | 29.100 % | £36,084 | £160,084 |
| 3 Month Average | 18.068 % | £22,404 | £146,404 |
| 6 Month Average | 19.221 % | £23,833 | £147,833 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Jul 2023 | £304,093 | £300,000 | 126 LEOMINSTER ROAD |
| 3 Mar 2023 | £317,996 | £315,000 | 23 RUNNYMEDE ROAD |
| 31 Mar 2022 | £274,610 | £265,000 | 22 RUNNYMEDE ROAD |
| 28 Jan 2022 | £378,867 | £360,000 | 83 RUNNYMEDE ROAD |
| 20 Jan 2022 | £276,783 | £263,000 | 33 RUNNYMEDE ROAD |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 25 Jul 2013. Using an estimated price of £162,034 means this house is valued at £1,820 per sq meter (£169 per sq foot).
The average size of a house on RUNNYMEDE ROAD is 115 sq meters (1,242 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Robbery | Investigation complete; no suspect identified | On or near Runnymede Road |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Runnymede Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Runnymede Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Runnymede Road |
| Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near Runnymede Road |