£70,071
This estimated value is based upon the latest sale price for the house of £45,000 on 11 Apr 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £45,000 | 11 Apr 2014 |
| £43,000 | 8 Oct 2009 |
| £30,000 | 19 Jun 2009 |
| £57,450 | 14 Oct 2002 |
| Flats/Maisonettes |
| Leasehold |
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 April 2014 the House Price Index for WEST MIDLANDS was 95.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.714%.Applying this 55.714% change to the original purchase price of £45,000 results in an estimated price of approximately £70,071.
| 11 Apr 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.4 | 148.6 | 55.714 % | £45,000 | £25,071 | £70,071 |
The Postcode Pricing Model uses changes in average sales price within the B31 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 | 38.956 % | £17,530 | £62,530 |
| 3 Month Average | 75.122 % | £33,804 | £78,804 |
| 6 Month Average | 63.810 % | £28,714 | £73,714 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Aug 2023 | £610,339 | £605,000 | 150 CHURCH ROAD |
| 9 Jun 2023 | £346,193 | £342,000 | 15 OLD MOAT DRIVE |
| 12 Jan 2023 | £228,922 | £230,000 | 9 NORTON CLOSE |
| 27 Apr 2022 | £257,450 | £250,000 | 8 BEECH FARM CROFT |
| 8 Apr 2022 | £108,129 | £105,000 | FLAT 3 SYCAMORE HOUSE, 1 RECTORY ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Rectory Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Rectory Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Rectory Road |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Rectory Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Rectory Road |