£160,972
This estimated value is based upon the latest sale price for the house of £119,868 on 9 May 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £119,868 | 9 May 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 51 sq meters or 548 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 May 2016 the House Price Index for WEST MIDLANDS was 110.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 34.292%.Applying this 34.292% change to the original purchase price of £119,868 results in an estimated price of approximately £160,972.
| 9 May 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 148.6 | 34.292 % | £119,868 | £41,104 | £160,972 |
The Postcode Pricing Model uses changes in average sales price within the B16 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 | 345.918 % | £414,644 | £534,512 |
| 3 Month Average | 54.565 % | £65,406 | £185,274 |
| 6 Month Average | 61.186 % | £73,342 | £193,210 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £121,059 | £120,000 | APARTMENT 1908 METROPOLITAN HOUSE, 1 HAGLEY ROAD |
| 14 Jul 2023 | £115,555 | £114,000 | APARTMENT 712 METROPOLITAN HOUSE, 1 HAGLEY ROAD |
| 14 Sep 2022 | £183,518 | £185,000 | APARTMENT 306 METROPOLITAN HOUSE, 1 HAGLEY ROAD |
| 29 Apr 2022 | £157,044 | £152,500 | APARTMENT 514 METROPOLITAN HOUSE 1 HAGLEY ROAD |
| 25 Feb 2022 | £113,259 | £108,000 | APARTMENT 812 METROPOLITAN HOUSE, 1 HAGLEY ROAD |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 6 Jan 2016. Using an estimated price of £160,973 means this house is valued at £3,156 per sq meter (£293 per sq foot).
The average size of a house on HAGLEY ROAD is 63 sq meters (682 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Supermarket |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |
| Mar 2024 | Public order | Under investigation | On or near Supermarket |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Supermarket |