£428,052
This estimated value is based upon the latest sale price for the house of £349,950 on 22 May 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£349,950 | 22 May 2020 |
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 May 2020 the House Price Index for WEST MIDLANDS was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.318%.Applying this 22.318% change to the original purchase price of £349,950 results in an estimated price of approximately £428,052.
22 May 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.5 | 148.6 | 22.318 % | £349,950 | £78,102 | £428,052 |
The Postcode Pricing Model uses changes in average sales price within the B90 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 | 30.772 % | £107,684 | £457,634 |
3 Month Average | 5.349 % | £18,719 | £368,669 |
6 Month Average | -1.052 % | £-3,681 | £346,268 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Sep 2023 | £403,155 | £398,000 | 12 JAMES WATT DRIVE |
14 Jun 2023 | £311,777 | £308,000 | 2 JAMES WATT DRIVE |
21 Apr 2023 | £407,892 | £403,500 | 5 WOODLANDS PLACE |
25 Jan 2023 | £298,593 | £300,000 | 4 JAMES WATT DRIVE |
10 Nov 2022 | £298,904 | £302,525 | 6 ASTON CLOSE |
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Murdoch Drive |
Feb 2024 | Violence and sexual offences | Under investigation | On or near James Watt Drive |
Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near James Watt Drive |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near James Watt Drive |
Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near James Watt Drive |