£199,726
This estimated value is based upon the latest sale price for the house of £44,000 on 11 Dec 1998. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £44,000 | 11 Dec 1998 |
| Terraced |
| Freehold |
| Floor Area: 103 sq meters or 1,108 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 December 1998 the House Price Index for WEST MIDLANDS was 32.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 353.923%.Applying this 353.923% change to the original purchase price of £44,000 results in an estimated price of approximately £199,726.
| 11 Dec 1998 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.3 | 146.7 | 353.923 % | £44,000 | £155,726 | £199,726 |
The Postcode Pricing Model uses changes in average sales price within the B34 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 | 199.913 % | £87,961 | £131,961 |
| 3 Month Average | 244.222 % | £107,457 | £151,457 |
| 6 Month Average | 279.955 % | £123,180 | £167,180 |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 18 Feb 2014.
The average size of a house on NEARMOOR ROAD is 83 sq meters (895 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Pithall Road |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Pithall Road |
| Mar 2024 | Other crime | Under investigation | On or near Freasley Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Freasley Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Freasley Road |