£114,133
This estimated value is based upon the latest sale price for the house of £101,000 on 21 May 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £101,000 | 21 May 2021 |
| £97,000 | 24 Mar 2017 |
| £92,000 | 8 Oct 2010 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 59 sq meters or 636 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 May 2021 the House Price Index for WEST MIDLANDS was 131.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 13.004%.Applying this 13.004% change to the original purchase price of £101,000 results in an estimated price of approximately £114,133.
| 21 May 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 131.5 | 148.6 | 13.004 % | £101,000 | £13,133 | £114,133 |
The Postcode Pricing Model uses changes in average sales price within the B66 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 | 71.148 % | £71,859 | £172,859 |
| 3 Month Average | 58.552 % | £59,137 | £160,137 |
| 6 Month Average | 1.633 % | £1,649 | £102,649 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £248,682 | £245,000 | 2 KELVIN DRIVE |
| 19 Aug 2022 | £184,503 | £185,000 | 173 CAPE HILL |
| 17 Aug 2022 | £103,721 | £104,000 | 212 CAPE HILL |
| 18 Feb 2022 | £108,016 | £103,000 | 200 CAPE HILL |
| 20 Oct 2021 | £165,972 | £150,000 | 10 THE POPLARS |
This house has a floor area of 59 sq meters or 636 sq feet when measured on 22 Sep 2010. Using an estimated price of £114,134 means this house is valued at £1,929 per sq meter (£179 per sq foot).
The average size of a house on CAPE HILL is 98 sq meters (1,059 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Kelvin Drive |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kelvin Drive |
| Dec 2023 | Other theft | Unable to prosecute suspect | On or near Kelvin Drive |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Kelvin Drive |
| Dec 2023 | Theft from the person | Investigation complete; no suspect identified | On or near Kelvin Drive |