£394,443
This estimated value is based upon the latest sale price for the house of £285,000 on 1 Dec 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £285,000 | 1 Dec 2015 |
| 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 December 2015 the House Price Index for WEST MIDLANDS was 107.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 38.401%.Applying this 38.401% change to the original purchase price of £285,000 results in an estimated price of approximately £394,443.
| 1 Dec 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 148.6 | 38.401 % | £285,000 | £109,443 | £394,443 |
The Postcode Pricing Model uses changes in average sales price within the CV7 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 | 53.823 % | £153,395 | £438,395 |
| 3 Month Average | 39.884 % | £113,669 | £398,669 |
| 6 Month Average | 18.799 % | £53,578 | £338,578 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Sep 2023 | £338,022 | £333,700 | 1 BALSALL STREET |
| 4 Sep 2023 | £359,598 | £355,000 | 21 NEEDLERS END LANE |
| 24 Jul 2023 | £278,752 | £275,000 | 3 NEEDLERS END LANE |
| 21 Jul 2023 | £688,263 | £679,000 | FERNHILL PADDOCKS FERNHILL LANE |
| 9 Jun 2023 | £708,583 | £700,000 | BARN 2 FERNHILL BARNS FERNHILL LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other crime | Investigation complete; no suspect identified | On or near Barston Lane |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Saracen Drive |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Saracen Drive |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Saracen Drive |
| Mar 2024 | Anti-social behaviour | On or near Long Brook Lane |