£342,084
This estimated value is based upon the latest sale price for the house of £275,000 on 20 Jun 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £275,000 | 20 Jun 2018 |
| £275,000 | 23 Aug 2016 |
| 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 June 2018 the House Price Index for WEST MIDLANDS was 119.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.394%.Applying this 24.394% change to the original purchase price of £275,000 results in an estimated price of approximately £342,084.
| 20 Jun 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 148.6 | 24.394 % | £275,000 | £67,084 | £342,084 |
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 | 14.894 % | £40,958 | £315,958 |
| 3 Month Average | 10.652 % | £29,292 | £304,292 |
| 6 Month Average | 24.623 % | £67,712 | £342,712 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Jul 2023 | £162,183 | £160,000 | FLAT 7 HALESBURY COURT OMBERSLEY ROAD |
| 6 Jun 2023 | £131,594 | £130,000 | FLAT 12 HALESBURY COURT OMBERSLEY ROAD |
| 21 Apr 2023 | £303,265 | £300,000 | 4 CHADDESLEY ROAD |
| 19 Aug 2022 | £146,605 | £147,000 | FLAT 6 HALESBURY COURT OMBERSLEY ROAD |
| 5 Aug 2022 | £136,632 | £137,000 | 6 SCHOOL LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Summit Gardens |
| Dec 2023 | Drugs | Local resolution | On or near Albert Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Quarry Lane |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Quarry Lane |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Red Leasowes Road |