£294,014
This estimated value is based upon the latest sale price for the house of £225,000 on 9 Jan 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £225,000 | 9 Jan 2017 |
| Terraced |
| Leasehold |
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 January 2017 the House Price Index for WEST MIDLANDS was 113.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.673%.Applying this 30.673% change to the original purchase price of £225,000 results in an estimated price of approximately £294,014.
| 9 Jan 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.7 | 148.6 | 30.673 % | £225,000 | £69,014 | £294,014 |
The Postcode Pricing Model uses changes in average sales price within the B15 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 | -2.739 % | £-6,161 | £218,838 |
| 3 Month Average | -2.984 % | £-6,713 | £218,286 |
| 6 Month Average | 15.311 % | £34,448 | £259,448 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £754,649 | £745,000 | 16 WELLINGTON ROAD |
| 28 Jul 2023 | £398,362 | £393,000 | 25 SPRINGBANK ROAD |
| 7 Mar 2023 | £450,368 | £446,125 | 13 SPRING ROAD |
| 30 Nov 2022 | £167,965 | £170,000 | APARTMENT 17 AMETHYST COURT, 2 STONE ROAD |
| 9 Aug 2022 | £184,503 | £185,000 | 47 SPRINGMEADOW ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Spring Road |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Spring Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Latimer Gardens |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Latimer Gardens |
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Latimer Gardens |