£303,678
This estimated value is based upon the latest sale price for the house of £300,000 on 16 Jun 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £300,000 | 16 Jun 2023 |
| 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 June 2023 the House Price Index for WEST MIDLANDS was 146.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.226%.Applying this 1.226% change to the original purchase price of £300,000 results in an estimated price of approximately £303,678.
| 16 Jun 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.8 | 148.6 | 1.226 % | £300,000 | £3,678 | £303,678 |
The Postcode Pricing Model uses changes in average sales price within the B12 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 | -39.831 % | £-119,493 | £180,506 |
| 3 Month Average | -48.446 % | £-145,336 | £154,663 |
| 6 Month Average | -12.363 % | £-37,087 | £262,912 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £101,781 | £100,000 | 202 MARY STREET |
| 16 Jun 2023 | £303,678 | £300,000 | 3 BATH WALK |
| 4 Nov 2022 | £1,704,355 | £1,725,000 | FLAT 1 179 MARY STREET |
| 13 Dec 2021 | £214,275 | £200,000 | 182 MARY STREET |
| 12 Nov 2021 | £227,118 | £210,000 | 186 MARY STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near George Street |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near George Street |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near George Street |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near George Street |
| Mar 2024 | Anti-social behaviour | On or near George Street |