£262,403
This estimated value is based upon the latest sale price for the house of £158,500 on 24 Nov 2006. 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 Tower Hill
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| Price Paid | Date |
|---|---|
| £158,500 | 24 Nov 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 160 sq meters or 1,722 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 November 2006 the House Price Index for WEST MIDLANDS was 88.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 65.554%.Applying this 65.554% change to the original purchase price of £158,500 results in an estimated price of approximately £262,403.
| 24 Nov 2006 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.6 | 146.7 | 65.554 % | £158,500 | £103,903 | £262,403 |
The Postcode Pricing Model uses changes in average sales price within the B42 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 | 95.389 % | £151,191 | £309,691 |
| 3 Month Average | 60.563 % | £95,991 | £254,491 |
| 6 Month Average | 50.647 % | £80,275 | £238,775 |
This house has a floor area of 160 sq meters or 1,722 sq feet when measured on 20 Feb 2014.
The average size of a house on TOWER HILL is 89 sq meters (965 sq feet).
This house is the largest in the street with a floor area of 160 sq meters (1,722 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Tower Hill |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Law Cliff Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Law Cliff Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Law Cliff Road |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Law Cliff Road |