£433,490
This estimated value is based upon the latest sale price for the house of £189,950 on 12 Sep 2003. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £189,950 | 12 Sep 2003 |
| 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 September 2003 the House Price Index for WEST MIDLANDS was 65.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 128.213%.Applying this 128.213% change to the original purchase price of £189,950 results in an estimated price of approximately £433,490.
| 12 Sep 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 65.1 | 148.6 | 128.213 % | £189,950 | £243,540 | £433,490 |
The Postcode Pricing Model uses changes in average sales price within the WS5 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 | 40.633 % | £77,182 | £267,132 |
| 3 Month Average | 69.905 % | £132,784 | £322,734 |
| 6 Month Average | 75.759 % | £143,905 | £333,855 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £358,269 | £352,000 | 396 BIRMINGHAM ROAD |
| 21 Oct 2022 | £299,772 | £303,000 | 5 CANBERRA ROAD |
| 31 May 2022 | £353,664 | £347,000 | 38 LONSDALE ROAD |
| 27 May 2022 | £616,619 | £605,000 | 409 BIRMINGHAM ROAD |
| 6 May 2022 | £560,562 | £550,000 | 339 BIRMINGHAM ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Canberra Road |
| Jan 2024 | Burglary | Under investigation | On or near Newmore Gardens |
| Dec 2023 | Anti-social behaviour | On or near Newmore Gardens | |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Newmore Gardens |
| Dec 2023 | Anti-social behaviour | On or near Newmore Gardens |