£545,424
This estimated value is based upon the latest sale price for the house of £435,000 on 10 Aug 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £435,000 | 10 Aug 2017 |
| Flats/Maisonettes |
| Freehold |
| Floor Area: 147 sq meters or 1,582 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 August 2017 the House Price Index for WEST MIDLANDS was 117.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 25.385%.Applying this 25.385% change to the original purchase price of £435,000 results in an estimated price of approximately £545,424.
| 10 Aug 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 146.7 | 25.385 % | £435,000 | £110,424 | £545,424 |
The Postcode Pricing Model uses changes in average sales price within the B75 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 | 30.058 % | £130,753 | £565,753 |
| 3 Month Average | 23.827 % | £103,646 | £538,646 |
| 6 Month Average | 24.397 % | £106,126 | £541,126 |
This house has a floor area of 147 sq meters or 1,582 sq feet when measured on 13 May 2014.
The average size of a house on TOWER ROAD is 90 sq meters (973 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Tower Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Walcot Close |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Walcot Close |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Walcot Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Bodington Road |