£291,877
This estimated value is based upon the latest sale price for the house of £68,000 on 6 Aug 1999. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £68,000 | 6 Aug 1999 |
| £68,000 | 6 Aug 1999 |
| £77,800 | 14 Nov 1997 |
| £77,800 | 14 Nov 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 August 1999 the House Price Index for WEST MIDLANDS was 34.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 329.231%.Applying this 329.231% change to the original purchase price of £68,000 results in an estimated price of approximately £291,877.
| 6 Aug 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 34.6 | 148.6 | 329.231 % | £68,000 | £223,877 | £291,877 |
The Postcode Pricing Model uses changes in average sales price within the B65 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 | 284.330 % | £193,344 | £261,344 |
| 3 Month Average | 255.857 % | £173,982 | £241,982 |
| 6 Month Average | 300.871 % | £204,592 | £272,592 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £182,705 | £180,000 | 340 NEWBURY LANE |
| 18 Aug 2023 | £181,589 | £180,000 | 292 NEWBURY LANE |
| 14 Jul 2023 | £209,824 | £207,000 | 285 NEWBURY LANE |
| 15 Jun 2023 | £192,330 | £190,000 | 12 LAWTON CLOSE |
| 28 Apr 2023 | £166,796 | £165,000 | 16 MILDRED WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other crime | Under investigation | On or near Mildred Way |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Newbury Lane |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Newbury Lane |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Newbury Lane |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Newbury Lane |