£171,378
This estimated value is based upon the latest sale price for the house of £50,000 on 2 May 2001. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £50,000 | 2 May 2001 |
| £18,000 | 6 Mar 1998 |
| £18,000 | 6 Sep 1996 |
| Detached |
| 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 May 2001 the House Price Index for WEST MIDLANDS was 43.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 242.757%.Applying this 242.757% change to the original purchase price of £50,000 results in an estimated price of approximately £171,378.
| 2 May 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 43.4 | 148.6 | 242.757 % | £50,000 | £121,378 | £171,378 |
The Postcode Pricing Model uses changes in average sales price within the B69 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 | 126.756 % | £63,377 | £113,377 |
| 3 Month Average | 192.873 % | £96,436 | £146,436 |
| 6 Month Average | 273.354 % | £136,677 | £186,677 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Jul 2023 | £182,456 | £180,000 | 38 BIRMINGHAM ROAD |
| 13 Apr 2023 | £198,133 | £196,000 | 50A BIRMINGHAM STREET |
| 27 Mar 2023 | £107,008 | £106,000 | 17 BRIDGE STREET |
| 8 Jul 2022 | £92,750 | £92,500 | FLAT 5 JACKSON HOUSE OLDBURY GREEN |
| 6 Jul 2022 | £160,432 | £160,000 | 132 MCKEAN ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near John Street |
| Mar 2024 | Vehicle crime | Under investigation | On or near Bridge Street |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Bridge Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Pinfold Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Pinfold Street |