£257,925
This estimated value is based upon the latest sale price for the house of £250,000 on 7 Dec 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £250,000 | 7 Dec 2023 |
| £130,000 | 29 Oct 2007 |
| £52,000 | 29 Nov 1999 |
| Terraced |
| Freehold |
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 2023 the House Price Index for WEST MIDLANDS was 145.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.170%.Applying this 3.170% change to the original purchase price of £250,000 results in an estimated price of approximately £257,925.
| 7 Dec 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.1 | 149.7 | 3.170 % | £250,000 | £7,925 | £257,925 |
The Postcode Pricing Model uses changes in average sales price within the B25 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 | -29.064 % | £-72,659 | £177,341 |
| 3 Month Average | 36.742 % | £91,856 | £341,856 |
| 6 Month Average | -6.449 % | £-16,121 | £233,878 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £257,926 | £250,000 | 1 TYNE GROVE |
| 18 Aug 2023 | £142,571 | £140,000 | 163 CLEMENTS ROAD |
| 2 Feb 2023 | £196,311 | £195,000 | 529 HOB MOOR ROAD |
| 8 Aug 2022 | £190,893 | £190,000 | 167 CLEMENTS ROAD |
| 24 Jun 2022 | £270,788 | £265,000 | 40 HEATHMERE AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Public order | Under investigation | On or near Tyne Grove |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tyne Grove |
| Apr 2024 | Other theft | Unable to prosecute suspect | On or near Tyne Grove |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tyne Grove |
| Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Hythe Grove |