£162,890
This estimated value is based upon the latest sale price for the house of £163,000 on 13 Feb 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £163,000 | 13 Feb 2023 |
| 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 February 2023 the House Price Index for WEST MIDLANDS was 148.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.067%.Applying this -0.067% change to the original purchase price of £163,000 results in an estimated price of approximately £162,890.
| 13 Feb 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.7 | 148.6 | -0.067 % | £163,000 | £-109 | £162,890 |
The Postcode Pricing Model uses changes in average sales price within the B64 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 | 46.752 % | £76,205 | £239,205 |
| 3 Month Average | 23.099 % | £37,650 | £200,650 |
| 6 Month Average | -2.450 % | £-3,992 | £159,007 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £272,264 | £267,500 | 3 NEWLAND GARDENS |
| 22 Sep 2023 | £177,267 | £175,000 | 2 CODSALL ROAD |
| 10 Mar 2023 | £237,235 | £235,000 | 5 SURFEIT HILL ROAD |
| 13 Feb 2023 | £162,890 | £163,000 | 28 SURFEIT HILL ROAD |
| 4 Jul 2022 | £185,499 | £185,000 | 1 SURFEIT HILL ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Surfeit Hill Road |
| Dec 2023 | Vehicle crime | Unable to prosecute suspect | On or near Surfeit Hill Road |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Rian Court |
| Mar 2024 | Burglary | Unable to prosecute suspect | On or near Corngreaves Road |
| Mar 2024 | Burglary | Unable to prosecute suspect | On or near Corngreaves Road |