£215,876
This estimated value is based upon the latest sale price for the house of £175,000 on 18 Dec 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £175,000 | 18 Dec 2018 |
| 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 2018 the House Price Index for WEST MIDLANDS was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.358%.Applying this 23.358% change to the original purchase price of £175,000 results in an estimated price of approximately £215,876.
| 18 Dec 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.358 % | £175,000 | £40,876 | £215,876 |
The Postcode Pricing Model uses changes in average sales price within the B64 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 | 29.617 % | £51,829 | £226,829 |
| 3 Month Average | 23.341 % | £40,846 | £215,846 |
| 6 Month Average | 20.568 % | £35,993 | £210,993 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Nov 2022 | £182,786 | £185,000 | 34 GRAINGERS LANE |
| 1 Nov 2022 | £209,956 | £212,499 | 151 HIGH STREET |
| 20 Jul 2022 | £280,756 | £280,000 | R C R ENGINEERING PORTERSFIELD ROAD |
| 28 Feb 2022 | £125,843 | £120,000 | 10 NORTHGATE |
| 8 Oct 2021 | £154,907 | £140,000 | 19 GRAINGERS LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Parking Area | |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Mar 2024 | Anti-social behaviour | On or near Parking Area | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Cosens Drive |