£203,561
This estimated value is based upon the latest sale price for the house of £190,000 on 16 Dec 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There have been two burglaries within the last year on or near B4167
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| Price Paid | Date |
|---|---|
| £190,000 | 16 Dec 2021 |
| Semi-Detached |
| Freehold |
| Floor Area: 73 sq meters or 785 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 2021 the House Price Index for WEST MIDLANDS was 138.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.138%.Applying this 7.138% change to the original purchase price of £190,000 results in an estimated price of approximately £203,561.
| 16 Dec 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 148.6 | 7.138 % | £190,000 | £13,561 | £203,561 |
The Postcode Pricing Model uses changes in average sales price within the B43 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 | 13.418 % | £25,493 | £215,493 |
| 3 Month Average | 12.926 % | £24,560 | £214,560 |
| 6 Month Average | 7.773 % | £14,768 | £204,768 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £68,881 | £68,000 | 41 LINGFIELD COURT HAMSTEAD ROAD |
| 18 Aug 2023 | £73,140 | £72,500 | 45 LINGFIELD COURT HAMSTEAD ROAD |
| 27 Jul 2023 | £248,342 | £245,000 | 2 VENNING GROVE |
| 16 Jun 2023 | £146,778 | £145,000 | 16 LINGFIELD COURT HAMSTEAD ROAD |
| 18 Jan 2023 | £84,601 | £85,000 | 39 LINGFIELD COURT HAMSTEAD ROAD |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 14 Jul 2021. Using an estimated price of £203,562 means this house is valued at £2,788 per sq meter (£259 per sq foot).
The average size of a house on TANHOUSE AVENUE is 82 sq meters (888 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near B4167 |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near B4167 |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near B4167 |
| Feb 2024 | Drugs | Local resolution | On or near Venning Grove |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Greenfield Road |