£333,771
This estimated value is based upon the latest sale price for the house of £60,000 on 14 Jun 1995. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £60,000 | 14 Jun 1995 |
| Semi-Detached |
| Leasehold |
| Floor Area: 90 sq meters or 968 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 June 1995 the House Price Index for WEST MIDLANDS was 26.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 456.286%.Applying this 456.286% change to the original purchase price of £60,000 results in an estimated price of approximately £333,771.
| 14 Jun 1995 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.4 | 146.7 | 456.286 % | £60,000 | £273,771 | £333,771 |
The Postcode Pricing Model uses changes in average sales price within the B31 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 | 206.173 % | £123,703 | £183,703 |
| 3 Month Average | 328.173 % | £196,903 | £256,903 |
| 6 Month Average | 311.751 % | £187,050 | £247,050 |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 13 Aug 2013.
The average size of a house on THE PADDOCK is 121 sq meters (1,305 sq feet).
This house is the smallest in the street with a floor area of 90 sq meters (968 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hole Farm Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Hole Farm Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Hole Farm Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Cornfield Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Cornfield Road |