£846,967
This estimated value is based upon the latest sale price for the house of £597,000 on 22 Sep 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £597,000 | 22 Sep 2015 |
| 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 2015 the House Price Index for WEST MIDLANDS was 104.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 41.871%.Applying this 41.871% change to the original purchase price of £597,000 results in an estimated price of approximately £846,967.
| 22 Sep 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.7 | 148.6 | 41.871 % | £597,000 | £249,967 | £846,967 |
The Postcode Pricing Model uses changes in average sales price within the B74 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 | 10.417 % | £62,192 | £659,192 |
| 3 Month Average | 13.454 % | £80,319 | £677,319 |
| 6 Month Average | 23.189 % | £138,438 | £735,438 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £398,362 | £393,000 | 45 HATHAWAY ROAD |
| 30 Jun 2023 | £582,050 | £575,000 | 472 LICHFIELD ROAD |
| 5 Jun 2023 | £389,721 | £385,000 | 37 GRESLEY CLOSE |
| 20 Jan 2023 | £471,778 | £474,000 | 6 HATHAWAY ROAD |
| 29 Jul 2022 | £456,228 | £455,000 | 18 GRESLEY CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Offender given a caution | On or near A5127 |
| Mar 2024 | Vehicle crime | Under investigation | On or near Hathaway Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hathaway Road |
| Feb 2024 | Other crime | Under investigation | On or near Hathaway Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Butlers Lane |