£739,385
This estimated value is based upon the latest sale price for the house of £600,000 on 31 Oct 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £600,000 | 31 Oct 2018 |
| £210,000 | 31 Jan 2001 |
| £70,000 | 31 Jan 2001 |
| 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 October 2018 the House Price Index for WEST MIDLANDS was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.231%.Applying this 23.231% change to the original purchase price of £600,000 results in an estimated price of approximately £739,385.
| 31 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.231 % | £600,000 | £139,385 | £739,385 |
The Postcode Pricing Model uses changes in average sales price within the B93 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 | -44.592 % | £-267,551 | £332,448 |
| 3 Month Average | -3.444 % | £-20,666 | £579,333 |
| 6 Month Average | -3.315 % | £-19,887 | £580,112 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Nov 2023 | £225,336 | £222,000 | 49 MOCKLEY WOOD ROAD |
| 10 Mar 2023 | £403,804 | £400,000 | APARTMENT 28 ARDEN GRANGE, 1649 HIGH STREET |
| 7 Feb 2023 | £374,748 | £375,000 | APARTMENT 9 THE HAMPTONS, 10 CRABMILL CLOSE |
| 25 Oct 2022 | £544,141 | £550,000 | 29 HAMPTON ROAD |
| 14 Jul 2022 | £711,916 | £710,000 | 10 BEAUSALE DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near Warwick Road |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Warwick Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Warwick Road |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Packwood Mews |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Packwood Mews |