£632,265
This estimated value is based upon the latest sale price for the house of £125,500 on 18 Aug 1997. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £125,500 | 18 Aug 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 August 1997 the House Price Index for WEST MIDLANDS was 29.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 403.797%.Applying this 403.797% change to the original purchase price of £125,500 results in an estimated price of approximately £632,265.
| 18 Aug 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.5 | 148.6 | 403.797 % | £125,500 | £506,765 | £632,265 |
The Postcode Pricing Model uses changes in average sales price within the B73 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 | 179.466 % | £225,229 | £350,729 |
| 3 Month Average | 318.942 % | £400,271 | £525,771 |
| 6 Month Average | 296.430 % | £372,019 | £497,519 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £182,705 | £180,000 | FLAT 5 PACKWOOD HOUSE MONMOUTH DRIVE |
| 29 Aug 2023 | £983,605 | £975,000 | LANTERN HOUSE WYNDLEY LANE |
| 20 Jan 2023 | £209,015 | £210,000 | FLAT 2 PACKWOOD HOUSE MONMOUTH DRIVE |
| 18 Jan 2023 | £701,695 | £705,000 | 8A DIGBY ROAD |
| 1 Sep 2022 | £833,271 | £840,000 | 8 SOMERVILLE DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Digby Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Digby Road |
| Mar 2024 | Public order | Under investigation | On or near Sommerville Drive |
| Mar 2024 | Public order | Under investigation | On or near Sommerville Drive |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Sommerville Drive |