£323,476
This estimated value is based upon the latest sale price for the house of £325,000 on 6 Jan 2023. 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 | 6 Jan 2023 |
| 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 January 2023 the House Price Index for WEST MIDLANDS was 149.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.469%.Applying this -0.469% change to the original purchase price of £325,000 results in an estimated price of approximately £323,476.
| 6 Jan 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.3 | 148.6 | -0.469 % | £325,000 | £-1,523 | £323,476 |
The Postcode Pricing Model uses changes in average sales price within the B76 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 | 6.744 % | £21,919 | £346,919 |
| 3 Month Average | -4.094 % | £-13,306 | £311,693 |
| 6 Month Average | -2.297 % | £-7,464 | £317,535 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £229,007 | £225,000 | 1310 KINGSBURY ROAD |
| 25 Sep 2023 | £273,497 | £270,000 | 23 COTTAGE LANE |
| 15 Jun 2023 | £280,184 | £276,790 | 9 SUMMER LANE |
| 2 Jun 2023 | £283,433 | £280,000 | 2 SUMMER LANE |
| 30 Mar 2023 | £323,043 | £320,000 | 14 WHITEHEAD DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Whitehead Drive | |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Whitehead Drive |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Summer Lane |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Summer Lane |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Lawrence Drive |