£7,356,393
This estimated value is based upon the latest sale price for the house of £1,225,000 on 29 Nov 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £1,225,000 | 29 Nov 2023 |
| £725,000 | 5 Aug 2016 |
| Detached |
| Freehold |
| Floor Area: 191 sq meters or 2,055 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 November 2023 the House Price Index for WEST MIDLANDS was 24.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 500.522%.Applying this 500.522% change to the original purchase price of £1,225,000 results in an estimated price of approximately £7,356,393.
| 29 Nov 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 146.7 | 500.522 % | £1,225,000 | £6,131,393 | £7,356,393 |
The Postcode Pricing Model uses changes in average sales price within the B15 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 | -8.475 % | £-103,813 | £1,121,186 |
| 3 Month Average | -57.603 % | £-705,642 | £519,357 |
| 6 Month Average | -25.796 % | £-315,996 | £909,003 |
This house has a floor area of 191 sq meters or 2,055 sq feet when measured on 3 Mar 2016.
The average size of a house on PHOENIX GREEN is 219 sq meters (2,359 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Westfield Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Westfield Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Westfield Road |
| Feb 2024 | Other crime | Action to be taken by another organisation | On or near Westfield Road |
| Dec 2023 | Anti-social behaviour | On or near Westfield Road |