£240,510
This estimated value is based upon the latest sale price for the house of £58,000 on 4 Oct 1999. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £58,000 | 4 Oct 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 69 sq meters or 742 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 October 1999 the House Price Index for WEST MIDLANDS was 35.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 314.674%.Applying this 314.674% change to the original purchase price of £58,000 results in an estimated price of approximately £240,510.
| 4 Oct 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 35.8 | 148.6 | 314.674 % | £58,000 | £182,510 | £240,510 |
The Postcode Pricing Model uses changes in average sales price within the WS1 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 | 106.194 % | £61,592 | £119,592 |
| 3 Month Average | 172.224 % | £99,889 | £157,889 |
| 6 Month Average | 256.931 % | £149,019 | £207,019 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £95,838 | £95,000 | FLAT 20 MARK COURT ARBORETUM ROAD |
| 21 Feb 2023 | £79,447 | £79,500 | 7 CRANE COURT ARBORETUM ROAD |
| 20 Jan 2023 | £350,798 | £352,450 | 38 BROADWAY NORTH |
| 23 Nov 2022 | £237,128 | £240,000 | 46 BROADWAY NORTH |
| 23 Nov 2022 | £301,350 | £305,000 | 48 BROADWAY NORTH |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 14 Dec 2021. Using an estimated price of £240,511 means this house is valued at £3,485 per sq meter (£323 per sq foot).
The average size of a house on ARBORETUM ROAD is 76 sq meters (821 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Arboretum Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Arboretum Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Arboretum Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Arboretum Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Arboretum Road |