£951,893
This estimated value is based upon the latest sale price for the house of £562,500 on 23 Nov 2012. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £562,500 | 23 Nov 2012 |
| £340,000 | 27 Mar 2001 |
| £224,950 | 26 Jul 1996 |
| 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 November 2012 the House Price Index for WEST MIDLANDS was 87.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.226%.Applying this 69.226% change to the original purchase price of £562,500 results in an estimated price of approximately £951,893.
| 23 Nov 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.8 | 148.6 | 69.226 % | £562,500 | £389,393 | £951,893 |
The Postcode Pricing Model uses changes in average sales price within the B93 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 | -22.698 % | £-127,674 | £434,825 |
| 3 Month Average | 35.339 % | £198,784 | £761,284 |
| 6 Month Average | 47.046 % | £264,632 | £827,132 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Aug 2023 | £393,442 | £390,000 | 34 BARTON DRIVE |
| 29 Jun 2023 | £369,475 | £365,000 | 58 BARTON DRIVE |
| 9 Jun 2023 | £627,602 | £620,000 | 4 MIDDLEFIELD AVENUE |
| 16 Feb 2023 | £859,422 | £860,000 | 8 HERTFORD WAY |
| 29 Jul 2022 | £772,078 | £770,000 | 38 GROVE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Barton Drive |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Balkwill Crescent |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Hertford Way |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Balkwill Crescent |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Cooper Drive |