£2,486,083
This estimated value is based upon the latest sale price for the house of £2,200,000 on 20 May 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £2,200,000 | 20 May 2021 |
| 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 May 2021 the House Price Index for WEST MIDLANDS was 131.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 13.004%.Applying this 13.004% change to the original purchase price of £2,200,000 results in an estimated price of approximately £2,486,083.
| 20 May 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 131.5 | 148.6 | 13.004 % | £2,200,000 | £286,083 | £2,486,083 |
The Postcode Pricing Model uses changes in average sales price within the B9 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 | -57.952 % | £-1,274,940 | £925,059 |
| 3 Month Average | -68.686 % | £-1,511,096 | £688,903 |
| 6 Month Average | 9.141 % | £201,112 | £2,401,112 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £134,216 | £132,500 | 133 BORDESLEY GREEN ROAD |
| 31 Aug 2023 | £7,636,809 | £7,570,000 | MEDCO HOUSE CONNECT BUSINESS PARK BORDESLEY GREEN ROAD |
| 17 Mar 2023 | £126,189 | £125,000 | 64 BORDESLEY GREEN ROAD |
| 13 May 2022 | £101,920 | £100,000 | 38 RONALD ROAD |
| 20 May 2021 | £2,486,084 | £2,200,000 | BIZSPACE BUSINESS PARK BORDESLEY GREEN ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sports/Recreation Area |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sports/Recreation Area |