£257,067
This estimated value is based upon the latest sale price for the house of £149,950 on 2 Jun 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 Balfour Street
More crime details
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| Price Paid | Date |
|---|---|
| £149,950 | 2 Jun 2006 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 925 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 June 2006 the House Price Index for WEST MIDLANDS was 85.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 71.436%.Applying this 71.436% change to the original purchase price of £149,950 results in an estimated price of approximately £257,067.
| 2 Jun 2006 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.6 | 146.7 | 71.436 % | £149,950 | £107,117 | £257,067 |
The Postcode Pricing Model uses changes in average sales price within the B12 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 | -13.568 % | £-20,345 | £129,604 |
| 3 Month Average | -15.815 % | £-23,713 | £126,236 |
| 6 Month Average | 49.087 % | £73,606 | £223,556 |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 18 Jan 2020.
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Balfour Street |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Balfour Street |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cobden Gardens |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Cobden Gardens |
| Dec 2023 | Vehicle crime | Awaiting court outcome | On or near Cobden Gardens |