£254,277
This estimated value is based upon the latest sale price for the house of £250,000 on 9 May 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £250,000 | 9 May 2023 |
| £60,000 | 22 Sep 1997 |
| 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 May 2023 the House Price Index for WEST MIDLANDS was 146.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.711%.Applying this 1.711% change to the original purchase price of £250,000 results in an estimated price of approximately £254,277.
| 9 May 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.1 | 148.6 | 1.711 % | £250,000 | £4,277 | £254,277 |
The Postcode Pricing Model uses changes in average sales price within the B32 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 | -30.439 % | £-76,096 | £173,903 |
| 3 Month Average | 6.313 % | £15,783 | £265,783 |
| 6 Month Average | 1.896 % | £4,739 | £254,739 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Jul 2022 | £155,418 | £155,000 | 33 HIGH STREET |
| 24 May 2022 | £163,073 | £160,000 | 807 HAGLEY ROAD WEST |
| 28 Apr 2022 | £231,705 | £225,000 | 45 HIGH STREET |
| 14 Apr 2022 | £283,195 | £275,000 | 481 RIDGACRE ROAD WEST |
| 23 Feb 2022 | £241,200 | £230,000 | 45 MEADOW ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Bissell Street |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near B4043 |
| Feb 2024 | Shoplifting | Under investigation | On or near Kingsway |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Kingsway |
| Feb 2024 | Shoplifting | Under investigation | On or near Kingsway |