£163,665
This estimated value is based upon the latest sale price for the house of £133,000 on 2 Aug 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £133,000 | 2 Aug 2019 |
| £125,000 | 2 Apr 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 79 sq meters or 850 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 August 2019 the House Price Index for WEST MIDLANDS was 120.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.056%.Applying this 23.056% change to the original purchase price of £133,000 results in an estimated price of approximately £163,665.
| 2 Aug 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 148.6 | 23.056 % | £133,000 | £30,665 | £163,665 |
The Postcode Pricing Model uses changes in average sales price within the B63 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 | 25.085 % | £33,363 | £166,363 |
| 3 Month Average | -0.696 % | £-925 | £132,074 |
| 6 Month Average | 12.074 % | £16,058 | £149,058 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £295,000 | £295,000 | 16 LYNDON CLOSE |
| 22 Sep 2023 | £252,225 | £249,000 | 2A BOURNES HILL |
| 7 Aug 2023 | £181,589 | £180,000 | 20 WITLEY AVENUE |
| 13 Mar 2023 | £242,283 | £240,000 | 288 STOURBRIDGE ROAD |
| 8 Jul 2022 | £210,567 | £210,000 | 38 WITLEY AVENUE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 18 Sep 2013. Using an estimated price of £163,665 means this house is valued at £2,071 per sq meter (£192 per sq foot).
The average size of a house on BOURNES HILL is 87 sq meters (943 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lyndon Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lyndon Close |
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Lyndon Close |
| Dec 2023 | Other theft | Unable to prosecute suspect | On or near Witley Avenue |
| Dec 2023 | Drugs | Unable to prosecute suspect | On or near Witley Avenue |