£120,658
This estimated value is based upon the latest sale price for the house of £95,000 on 16 Aug 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £95,000 | 16 Aug 2017 |
| £75,000 | 3 Apr 2017 |
| Terraced |
| 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 August 2017 the House Price Index for WEST MIDLANDS was 117.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.009%.Applying this 27.009% change to the original purchase price of £95,000 results in an estimated price of approximately £120,658.
| 16 Aug 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 148.6 | 27.009 % | £95,000 | £25,658 | £120,658 |
The Postcode Pricing Model uses changes in average sales price within the WS3 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 | -16.764 % | £-15,926 | £79,073 |
| 3 Month Average | 26.486 % | £25,161 | £120,161 |
| 6 Month Average | 32.020 % | £30,418 | £125,418 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Mar 2024 | £480,000 | £480,000 | 1 ENTERPRISE GROVE |
| 19 Jun 2023 | £237,881 | £235,000 | 102 ST JOHNS ROAD |
| 20 Apr 2023 | £181,959 | £180,000 | 14 ST DAVIDS CLOSE |
| 29 Jun 2022 | £397,619 | £392,000 | 12 FAIRBURN CRESCENT |
| 28 Jan 2022 | £231,530 | £220,000 | 97 ST JOHNS ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fairburn Crescent |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near St Matthews Close |
| Feb 2024 | Drugs | Under investigation | On or near Lichfield Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lichfield Road |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Excelsior Grove |