£422,940
This estimated value is based upon the latest sale price for the house of £340,000 on 8 Jun 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Haycroft Drive
More crime details
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| Price Paid | Date |
|---|---|
| £340,000 | 8 Jun 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 102 sq meters or 1,097 sq feet |
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 June 2018 the House Price Index for WEST MIDLANDS was 119.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.394%.Applying this 24.394% change to the original purchase price of £340,000 results in an estimated price of approximately £422,940.
| 8 Jun 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 148.6 | 24.394 % | £340,000 | £82,940 | £422,940 |
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 | -18.975 % | £-64,513 | £275,486 |
| 3 Month Average | 11.534 % | £39,215 | £379,215 |
| 6 Month Average | 17.566 % | £59,726 | £399,726 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jun 2023 | £713,644 | £705,000 | 22 WALL DRIVE |
| 8 Jun 2023 | £870,545 | £860,000 | 505 LICHFIELD ROAD |
| 21 Oct 2022 | £346,272 | £350,000 | 7 HAYCROFT DRIVE |
| 20 Jun 2022 | £613,672 | £605,000 | 16 WALL DRIVE |
| 27 May 2022 | £142,689 | £140,000 | FLAT 7 VALERIAN, 22 BADGERS BANK ROAD |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 13 Apr 2018. Using an estimated price of £422,940 means this house is valued at £4,146 per sq meter (£385 per sq foot).
The average size of a house on LICHFIELD ROAD is 102 sq meters (1,107 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Haycroft Drive |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Haycroft Drive |
| Feb 2024 | Drugs | Local resolution | On or near Byron Court |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Byron Court |
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Byron Court |