£454,895
This estimated value is based upon the latest sale price for the house of £130,000 on 16 Mar 2001. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £130,000 | 16 Mar 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 March 2001 the House Price Index for WEST MIDLANDS was 42.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 249.920%.Applying this 249.920% change to the original purchase price of £130,000 results in an estimated price of approximately £454,895.
| 16 Mar 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 42.5 | 148.6 | 249.920 % | £130,000 | £324,895 | £454,895 |
The Postcode Pricing Model uses changes in average sales price within the B63 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 | 216.893 % | £281,960 | £411,960 |
| 3 Month Average | 174.689 % | £227,095 | £357,095 |
| 6 Month Average | 207.040 % | £269,151 | £399,151 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £286,665 | £283,000 | 8 LONG MYND |
| 30 Jun 2023 | £210,044 | £207,500 | 29 MENDIP ROAD |
| 12 Sep 2022 | £312,477 | £315,000 | 29 FOXLEA ROAD |
| 4 Apr 2022 | £504,602 | £490,000 | 67 HAGLEY ROAD |
| 25 Feb 2022 | £259,552 | £247,500 | 24 FOXLEA ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Foxlea Road |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Foxlea Road |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Spring Walk |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Mendip Road |
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Mendip Road |