£227,498
This estimated value is based upon the latest sale price for the house of £134,500 on 12 Dec 2012. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £134,500 | 12 Dec 2012 |
| £67,100 | 29 Nov 1996 |
| Detached |
| Freehold |
| Floor Area: 76 sq meters or 818 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 December 2012 the House Price Index for WEST MIDLANDS was 87.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.144%.Applying this 69.144% change to the original purchase price of £134,500 results in an estimated price of approximately £227,498.
| 12 Dec 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.9 | 148.6 | 69.144 % | £134,500 | £92,998 | £227,498 |
The Postcode Pricing Model uses changes in average sales price within the B9 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 | 113.378 % | £152,493 | £286,993 |
| 3 Month Average | 65.318 % | £87,852 | £222,352 |
| 6 Month Average | 90.624 % | £121,889 | £256,389 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £100,883 | £100,000 | 21 BORDESLEY CLOSE |
| 9 Sep 2022 | £357,116 | £360,000 | 1 ASPEN GROVE |
| 24 Mar 2022 | £188,600 | £182,000 | 5 BRAMBLE DELL |
| 13 Dec 2021 | £246,417 | £230,000 | 42 MAYBANK |
| 13 Jul 2020 | £157,196 | £130,000 | 3 BRAMBLE DELL |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 1 Jun 2020. Using an estimated price of £227,498 means this house is valued at £2,993 per sq meter (£278 per sq foot).
The average size of a house on ASPEN GROVE is 125 sq meters (1,346 sq feet).
This house is the smallest in the street with a floor area of 76 sq meters (818 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Robbery | Under investigation | On or near Bramble Dell |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bramble Dell |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Springbank |
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Bordesley Close |
| Feb 2024 | Anti-social behaviour | On or near Bordesley Close |