£367,411
This estimated value is based upon the latest sale price for the house of £225,500 on 14 Mar 2007. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £225,500 | 14 Mar 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 86 sq meters or 925 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 March 2007 the House Price Index for WEST MIDLANDS was 91.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 62.932%.Applying this 62.932% change to the original purchase price of £225,500 results in an estimated price of approximately £367,411.
| 14 Mar 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.9 | 149.7 | 62.932 % | £225,500 | £141,911 | £367,411 |
The Postcode Pricing Model uses changes in average sales price within the B23 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 | 21.579 % | £48,659 | £274,159 |
| 3 Month Average | 39.484 % | £89,036 | £314,536 |
| 6 Month Average | 45.667 % | £102,978 | £328,478 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Apr 2024 | £128,113 | £127,000 | 30 MERE STREET |
| 15 Dec 2023 | £137,216 | £133,000 | 16 STAFF WAY |
| 10 Nov 2023 | £142,107 | £138,500 | 12 STAFF WAY |
| 3 Nov 2023 | £130,308 | £127,000 | 18 MERE STREET |
| 19 Jun 2023 | £183,681 | £180,000 | APARTMENT 215 HIGHCROFT HALL HIGHCROFT ROAD |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 17 Oct 2019. Using an estimated price of £367,412 means this house is valued at £4,272 per sq meter (£396 per sq foot).
The average size of a house on HIGHCROFT ROAD is 72 sq meters (779 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Unable to prosecute suspect | On or near Mere Street |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mere Street |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mere Street |
| Apr 2024 | Other crime | Awaiting court outcome | On or near Tower Road |
| Jul 2024 | Vehicle crime | Under investigation | On or near City View |