£3,345,648
This estimated value is based upon the latest sale price for the house of £550,000 on 3 Oct 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There have been two burglaries within the last year on or near Birmingham Road
More crime details
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| Price Paid | Date |
|---|---|
| £550,000 | 3 Oct 2023 |
| £110,000 | 1 Aug 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 October 2023 the House Price Index for WEST MIDLANDS was 24.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 508.300%.Applying this 508.300% change to the original purchase price of £550,000 results in an estimated price of approximately £3,345,648.
| 3 Oct 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 148.6 | 508.300 % | £550,000 | £2,795,648 | £3,345,648 |
The Postcode Pricing Model uses changes in average sales price within the B73 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 | -28.587 % | £-157,229 | £392,770 |
| 3 Month Average | -6.411 % | £-35,260 | £514,739 |
| 6 Month Average | 4.342 % | £23,883 | £573,883 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £305,342 | £300,000 | 37 ADDENBROOKE DRIVE |
| 4 Aug 2023 | £292,559 | £290,000 | 35 ADDENBROOKE DRIVE |
| 13 Jan 2023 | £123,419 | £124,000 | FLAT 7 SUTTON PARK COURT, 160 BIRMINGHAM ROAD |
| 26 Apr 2022 | £504,602 | £490,000 | 172 BIRMINGHAM ROAD |
| 11 Feb 2022 | £251,687 | £240,000 | 31 ADDENBROOKE DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Birmingham Road | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Birmingham Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Birmingham Road |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Birmingham Road |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Birmingham Road |