£559,266
This estimated value is based upon the latest sale price for the house of £112,000 on 12 Sep 1997. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £112,000 | 12 Sep 1997 |
| 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 September 1997 the House Price Index for WEST MIDLANDS was 29.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 399.345%.Applying this 399.345% change to the original purchase price of £112,000 results in an estimated price of approximately £559,266.
| 12 Sep 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.8 | 148.6 | 399.345 % | £112,000 | £447,266 | £559,266 |
The Postcode Pricing Model uses changes in average sales price within the B15 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 | 156.390 % | £175,156 | £287,156 |
| 3 Month Average | 154.588 % | £173,138 | £285,138 |
| 6 Month Average | 209.796 % | £234,971 | £346,971 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £113,451 | £112,000 | FLAT 15 CASTLETON COURT, 1 GILLDOWN PLACE |
| 15 Jun 2023 | £14,627 | £14,450 | 29 WHEELEYS ROAD |
| 19 Apr 2023 | £93,507 | £92,500 | FLAT 3 APPLETON COURT, 5 GILLDOWN PLACE |
| 17 Oct 2022 | £183,029 | £185,000 | FLAT 18 DUNSTON COURT, 52 WHEELEYS ROAD |
| 18 Aug 2022 | £99,732 | £100,000 | FLAT 11 PAKENHAM VILLAGE, 11 GILLDOWN PLACE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Star Hill |
| Apr 2024 | Public order | Under investigation | On or near Star Hill |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Wheeleys Road |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wheeleys Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hitches Lane |