£881,474
This estimated value is based upon the latest sale price for the house of £560,000 on 19 Mar 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £560,000 | 19 Mar 2014 |
| Detached |
| Freehold |
| Floor Area: 135 sq meters or 1,453 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 2014 the House Price Index for WEST MIDLANDS was 94.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 57.406%.Applying this 57.406% change to the original purchase price of £560,000 results in an estimated price of approximately £881,474.
| 19 Mar 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.4 | 148.6 | 57.406 % | £560,000 | £321,474 | £881,474 |
The Postcode Pricing Model uses changes in average sales price within the CV8 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 | 43.189 % | £241,857 | £801,857 |
| 3 Month Average | 31.004 % | £173,620 | £733,620 |
| 6 Month Average | 40.882 % | £228,937 | £788,937 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £253,757 | £250,000 | 6 COUNCIL HOUSE MEER END ROAD |
| 14 Jul 2023 | £1,170,757 | £1,155,000 | REDFERN FARM BIRMINGHAM ROAD |
| 24 Feb 2023 | £212,357 | £212,500 | 26 MEER STONES ROAD |
| 20 Feb 2023 | £834,438 | £835,000 | REDFERN BARN BIRMINGHAM ROAD |
| 17 Feb 2023 | £225,348 | £225,500 | 64 MEER STONES ROAD |
This house has a floor area of 135 sq meters or 1,453 sq feet when measured on 23 Feb 2014. Using an estimated price of £881,475 means this house is valued at £6,529 per sq meter (£606 per sq foot).
There is one other house on the street which we know the size of, this is BROOK FARM MEER END ROAD it is 316.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Mar 2024 | Other crime | Unable to prosecute suspect | On or near Windmill Lane |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Windmill Lane |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Meer Stones Road |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hob Lane |