£410,150
This estimated value is based upon the latest sale price for the house of £325,000 on 27 Oct 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £325,000 | 27 Oct 2017 |
| £306,000 | 31 Aug 2017 |
| £148,950 | 8 Jun 2002 |
| 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 October 2017 the House Price Index for WEST MIDLANDS was 117.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.200%.Applying this 26.200% change to the original purchase price of £325,000 results in an estimated price of approximately £410,150.
| 27 Oct 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 148.6 | 26.200 % | £325,000 | £85,150 | £410,150 |
The Postcode Pricing Model uses changes in average sales price within the B94 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 | -23.294 % | £-75,704 | £249,295 |
| 3 Month Average | 18.574 % | £60,366 | £385,366 |
| 6 Month Average | 24.613 % | £79,993 | £404,993 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £403,530 | £400,000 | 33 HAZEL GROVE |
| 17 Apr 2023 | £420,528 | £416,000 | 11 RASHWOOD CLOSE |
| 31 Mar 2023 | £504,755 | £500,000 | 68 SCHOOL ROAD |
| 17 Mar 2023 | £858,084 | £850,000 | 58 SCHOOL ROAD |
| 30 Jun 2022 | £542,669 | £535,000 | 7 TUTNALL DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Rashwood Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near School Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near School Road |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Tutnall Drive |
| Mar 2024 | Other theft | Under investigation | On or near Blacksmiths Lane |