£103,881
This estimated value is based upon the latest sale price for the house of £105,000 on 28 Oct 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £105,000 | 28 Oct 2022 |
| £147,600 | 27 Jan 2017 |
| £100,000 | 5 Aug 2016 |
| Terraced |
| Leasehold |
| Floor Area: 46 sq meters or 495 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 October 2022 the House Price Index for WEST MIDLANDS was 150.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -1.065%.Applying this -1.065% change to the original purchase price of £105,000 results in an estimated price of approximately £103,881.
| 28 Oct 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.2 | 148.6 | -1.065 % | £105,000 | £-1,118 | £103,881 |
The Postcode Pricing Model uses changes in average sales price within the B69 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 | -25.855 % | £-27,147 | £77,852 |
| 3 Month Average | -9.863 % | £-10,355 | £94,644 |
| 6 Month Average | 2.274 % | £2,387 | £107,387 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Sep 2023 | £349,468 | £345,000 | 8 SILVERLIGHT GROVE |
| 20 Feb 2023 | £325,751 | £325,970 | 80 BHULLAR WAY |
| 9 Jan 2023 | £353,336 | £355,000 | 60 BHULLAR WAY |
| 31 Oct 2022 | £372,984 | £377,000 | 28 BHULLAR WAY |
| 28 Oct 2022 | £103,881 | £105,000 | 20 SILVERLIGHT GROVE |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 20 Jan 2015. Using an estimated price of £103,881 means this house is valued at £2,258 per sq meter (£209 per sq foot).
The average size of a house on SILVERLIGHT GROVE is 96 sq meters (1,039 sq feet).
This house is the smallest in the street with a floor area of 46 sq meters (495 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Silverlight Grove |
| Mar 2024 | Anti-social behaviour | On or near Mayfly Close | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Mayfly Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Mayfly Close |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Mayfly Close |