£491,309
This estimated value is based upon the latest sale price for the house of £88,000 on 24 Feb 1995. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £88,000 | 24 Feb 1995 |
| 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 February 1995 the House Price Index for WEST MIDLANDS was 26.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 458.306%.Applying this 458.306% change to the original purchase price of £88,000 results in an estimated price of approximately £491,309.
| 24 Feb 1995 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.6 | 148.6 | 458.306 % | £88,000 | £403,309 | £491,309 |
The Postcode Pricing Model uses changes in average sales price within the WV6 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 | 558.601 % | £491,568 | £579,568 |
| 3 Month Average | 344.844 % | £303,462 | £391,462 |
| 6 Month Average | 342.810 % | £301,672 | £389,672 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Jan 2023 | £575,290 | £578,000 | 112 LOWER STREET |
| 10 Oct 2022 | £445,206 | £450,000 | FLAT 2 EYNSHAM COURT CLIFTON ROAD |
| 30 Aug 2022 | £483,698 | £485,000 | 21 GROTTO LANE |
| 15 Jul 2022 | £551,485 | £550,000 | 9 CHURCH HILL DRIVE |
| 7 Jan 2022 | £199,958 | £190,000 | APARTMENT 5 STOCKWELL MALTHOUSE LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Redacres |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lothians Road |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lothians Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Church Hill Drive |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Love Lane |