£258,639
This estimated value is based upon the latest sale price for the house of £175,000 on 11 Feb 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £175,000 | 11 Feb 2015 |
| £115,000 | 12 Jul 2002 |
| Semi-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 2015 the House Price Index for WEST MIDLANDS was 100.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.794%.Applying this 47.794% change to the original purchase price of £175,000 results in an estimated price of approximately £258,639.
| 11 Feb 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.5 | 148.6 | 47.794 % | £175,000 | £83,639 | £258,639 |
The Postcode Pricing Model uses changes in average sales price within the B43 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 | 120.576 % | £211,008 | £386,008 |
| 3 Month Average | 38.533 % | £67,433 | £242,433 |
| 6 Month Average | 48.439 % | £84,768 | £259,768 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £178,116 | £175,000 | 38 WILLOW ROAD |
| 4 Dec 2023 | £316,029 | £310,500 | 6 HOLLY WOOD |
| 25 Aug 2023 | £226,986 | £225,000 | 4 CAPENER ROAD |
| 12 Apr 2023 | £328,537 | £325,000 | 12 WILLOW ROAD |
| 11 Nov 2022 | £284,059 | £287,500 | 30 HOLLY WOOD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Willow Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Willow Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Capener Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Beacon Close |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Beacon Close |