£637,444
This estimated value is based upon the latest sale price for the house of £500,000 on 17 Jul 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £500,000 | 17 Jul 2017 |
| Leasehold |
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 July 2017 the House Price Index for WEST MIDLANDS was 116.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.489%.Applying this 27.489% change to the original purchase price of £500,000 results in an estimated price of approximately £637,444.
| 17 Jul 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 148.6 | 27.489 % | £500,000 | £137,444 | £637,444 |
The Postcode Pricing Model uses changes in average sales price within the B18 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 | -18.097 % | £-90,482 | £409,517 |
| 3 Month Average | -31.920 % | £-159,602 | £340,397 |
| 6 Month Average | -19.157 % | £-95,787 | £404,212 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Aug 2023 | £100,883 | £100,000 | 9 - 10 THE BIG PEG |
| 11 Aug 2023 | £1,116,271 | £1,106,505 | 95 WARSTONE LANE |
| 13 Jan 2023 | £201,551 | £202,500 | APARTMENT 8 CARPATHIAN COURT CHAMBERLAIN COURT |
| 22 Nov 2022 | £375,452 | £380,000 | 36A WARSTONE LANE |
| 25 Apr 2022 | £185,364 | £180,000 | APARTMENT 22 CARPATHIAN COURT CHAMBERLAIN COURT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Chamberlain Court |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Northampton Street |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Northampton Street |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Northampton Street |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Northampton Street |