£286,450
This estimated value is based upon the latest sale price for the house of £50,500 on 31 Jan 1996. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £50,500 | 31 Jan 1996 |
| Semi-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 January 1996 the House Price Index for WEST MIDLANDS was 26.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 467.228%.Applying this 467.228% change to the original purchase price of £50,500 results in an estimated price of approximately £286,450.
| 31 Jan 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.2 | 148.6 | 467.228 % | £50,500 | £235,950 | £286,450 |
The Postcode Pricing Model uses changes in average sales price within the B64 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 | 318.748 % | £160,967 | £211,467 |
| 3 Month Average | 330.826 % | £167,067 | £217,567 |
| 6 Month Average | 356.471 % | £180,017 | £230,517 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Jul 2023 | £159,142 | £157,000 | 122 WRIGHTS LANE |
| 10 Aug 2022 | £178,021 | £178,500 | 119 WRIGHTS LANE |
| 5 Aug 2022 | £327,119 | £328,000 | 31 BEAUTY BANK |
| 30 May 2022 | £397,490 | £390,000 | 47A BEAUTY BANK |
| 6 May 2022 | £270,089 | £265,000 | 387 HALESOWEN ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beauty Bank |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Meadow Street |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Great Western Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Old Hill |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Old Hill |