£570,400
This estimated value is based upon the latest sale price for the house of £435,000 on 14 Dec 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £435,000 | 14 Dec 2016 |
| £435,000 | 23 Mar 2016 |
| £151,500 | 15 Jul 1997 |
| 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 December 2016 the House Price Index for WEST MIDLANDS was 113.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.127%.Applying this 31.127% change to the original purchase price of £435,000 results in an estimated price of approximately £570,400.
| 14 Dec 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 148.6 | 31.127 % | £435,000 | £135,400 | £570,400 |
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 | -44.843 % | £-195,068 | £239,931 |
| 3 Month Average | 12.947 % | £56,319 | £491,319 |
| 6 Month Average | 18.014 % | £78,363 | £513,363 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jan 2023 | £1,120,721 | £1,126,000 | 74 TILEHOUSE GREEN LANE |
| 14 Apr 2022 | £1,148,226 | £1,115,000 | 62 TILEHOUSE GREEN LANE |
| 5 Nov 2021 | £876,026 | £810,000 | 73 TILEHOUSE GREEN LANE |
| 18 Dec 2020 | £648,458 | £565,000 | 27 EVERITT DRIVE |
| 5 Oct 2020 | £721,446 | £615,000 | 33 TREHERN CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Tilehouse Green Lane |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Tilehouse Green Lane |
| Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near Tilehouse Green Lane |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tilehouse Green Lane |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tilehouse Green Lane |