£1,170,071
This estimated value is based upon the latest sale price for the house of £325,000 on 1 Nov 2000. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £325,000 | 1 Nov 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 November 2000 the House Price Index for WEST MIDLANDS was 40.8.
The House Price Index as of 1 Jan 2024 is 147.0 which is a change of 260.022%.Applying this 260.022% change to the original purchase price of £325,000 results in an estimated price of approximately £1,170,071.
| 1 Nov 2000 | 1 Jan 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.8 | 147.0 | 260.022 % | £325,000 | £845,071 | £1,170,071 |
The Postcode Pricing Model uses changes in average sales price within the B93 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 | 65.008 % | £211,277 | £536,277 |
| 3 Month Average | 189.928 % | £617,267 | £942,267 |
| 6 Month Average | 196.489 % | £638,590 | £963,590 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Jan 2024 | £275,000 | £275,000 | 9 THE BARNS OLDWICH LANE WEST |
| 5 Oct 2023 | £1,076,339 | £1,080,000 | BROOKFIELD OLDWICH LANE WEST |
| 23 Feb 2023 | £548,286 | £555,000 | THE OLDE POST HOUSE WARWICK ROAD |
| 14 Oct 2022 | £268,962 | £275,000 | CHADVILLE WARWICK ROAD |
| 16 Sep 2022 | £344,470 | £351,500 | 6 THE BARNS OLDWICH LANE WEST |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Arbour Tree Lane |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Cuttle Pool Lane |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cuttle Pool Lane |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Kenilworth Road |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Balsall Street |