£260,942
This estimated value is based upon the latest sale price for the house of £199,000 on 7 Dec 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £199,000 | 7 Dec 2016 |
| £191,000 | 18 Dec 2013 |
| £188,000 | 27 Jan 2005 |
| £160,000 | 10 May 2000 |
| 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 December 2016 the House Price Index for WEST MIDLANDS was 113.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.127%.Applying this 31.127% change to the original purchase price of £199,000 results in an estimated price of approximately £260,942.
| 7 Dec 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 148.6 | 31.127 % | £199,000 | £61,942 | £260,942 |
The Postcode Pricing Model uses changes in average sales price within the B13 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 | 27.349 % | £54,424 | £253,424 |
| 3 Month Average | -8.549 % | £-17,012 | £181,987 |
| 6 Month Average | 9.667 % | £19,236 | £218,236 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Mar 2024 | £220,000 | £220,000 | APARTMENT 25 BRITANNIC PARK, 15 YEW TREE ROAD |
| 21 Dec 2023 | £167,938 | £165,000 | APARTMENT 54 BRITANNIC PARK, 15 YEW TREE ROAD |
| 15 Sep 2023 | £243,108 | £240,000 | APARTMENT 55 BRITANNIC PARK, 15 YEW TREE ROAD |
| 7 Aug 2023 | £479,192 | £475,000 | APARTMENT 80 BRITANNIC PARK, 15 YEW TREE ROAD |
| 7 Jul 2022 | £232,125 | £231,500 | APARTMENT 50 BRITANNIC PARK, 15 YEW TREE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Robbery | Investigation complete; no suspect identified | On or near Yew Tree Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Yew Tree Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Yew Tree Road |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Conference/Exhibition Centre |
| Jan 2024 | Drugs | Under investigation | On or near Conference/Exhibition Centre |