£367,239
This estimated value is based upon the latest sale price for the house of £375,000 on 15 Sep 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £375,000 | 15 Sep 2022 |
| £286,000 | 22 Dec 2021 |
| £286,000 | 22 Dec 2021 |
| Terraced |
| Leasehold |
| Floor Area: 86 sq meters or 925 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 September 2022 the House Price Index for WEST MIDLANDS was 149.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -2.069%.Applying this -2.069% change to the original purchase price of £375,000 results in an estimated price of approximately £367,239.
| 15 Sep 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.8 | 146.7 | -2.069 % | £375,000 | £-7,760 | £367,239 |
The Postcode Pricing Model uses changes in average sales price within the B30 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 | 37.587 % | £140,951 | £515,951 |
| 3 Month Average | 4.505 % | £16,892 | £391,892 |
| 6 Month Average | 3.159 % | £11,847 | £386,847 |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 17 Jun 2021.
The average size of a house on BOURNVILLE LANE is 92 sq meters (1,000 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Dingle Close |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cedar Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cedar Close |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cedar Close |
| Dec 2023 | Public order | Under investigation | On or near Cedar Close |