£714,613
This estimated value is based upon the latest sale price for the house of £500,000 on 21 Aug 2015. 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 Station Approach
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| Price Paid | Date |
|---|---|
| £500,000 | 21 Aug 2015 |
| £425,000 | 20 May 2008 |
| £235,000 | 19 Oct 2001 |
| £185,000 | 27 Jan 2000 |
| 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 August 2015 the House Price Index for WEST MIDLANDS was 104.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 42.923%.Applying this 42.923% change to the original purchase price of £500,000 results in an estimated price of approximately £714,613.
| 21 Aug 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.0 | 148.6 | 42.923 % | £500,000 | £214,613 | £714,613 |
The Postcode Pricing Model uses changes in average sales price within the B74 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 | 2.417 % | £12,086 | £512,086 |
| 3 Month Average | 21.313 % | £106,564 | £606,564 |
| 6 Month Average | 33.770 % | £168,850 | £668,850 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £645,648 | £640,000 | 7 RYKNILD CLOSE |
| 11 Aug 2023 | £620,428 | £615,000 | 16 RYKNILD CLOSE |
| 13 Feb 2023 | £714,519 | £715,000 | 5 NETHERSTONE GROVE |
| 1 Jul 2022 | £752,024 | £750,000 | 12 RYKNILD CLOSE |
| 29 Jun 2022 | £481,809 | £475,000 | 18 BRADGATE DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Station Approach |
| Mar 2024 | Burglary | Under investigation | On or near Station Approach |
| Mar 2024 | Shoplifting | Under investigation | On or near St Georges Court |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near St Georges Court |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near St Georges Court |