£7,616,884
This estimated value is based upon the latest sale price for the house of £5,886,000 on 24 Jan 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£5,886,000 | 24 Jan 2017 |
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 January 2017 the House Price Index for WEST MIDLANDS was 113.7.
The House Price Index as of 1 Apr 2022 is 147.2 which is a change of 29.407%.Applying this 29.407% change to the original purchase price of £5,886,000 results in an estimated price of approximately £7,616,884.
24 Jan 2017 | 1 Apr 2022 | % change | Purchase Price | Gain / Loss | Estimated Price |
113.7 | 147.2 | 29.407 % | £5,886,000 | £1,730,884 | £7,616,884 |
The Postcode Pricing Model uses changes in average sales price within the B37 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 | 48.684 % | £2,865,530 | £8,751,530 |
3 Month Average | 52.447 % | £3,087,033 | £8,973,033 |
6 Month Average | 36.495 % | £2,148,102 | £8,034,102 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Jun 2021 | £423,475 | £400,000 | 61 MAPLE LEAF DRIVE |
5 Nov 2020 | £393,231 | £342,500 | 5 MUSSON CLOSE |
21 Sep 2020 | £470,351 | £400,000 | 35 MAPLE LEAF DRIVE |
13 Mar 2020 | £503,348 | £422,000 | 33 MAPLE LEAF DRIVE |
31 Oct 2019 | £516,137 | £425,000 | 71 MAPLE LEAF DRIVE |
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2022 | Vehicle crime | Investigation complete; no suspect identified | On or near Byford Way |
Mar 2022 | Vehicle crime | Under investigation | On or near Merstone Close |
Mar 2022 | Burglary | Investigation complete; no suspect identified | On or near Merstone Close |
Feb 2022 | Vehicle crime | Investigation complete; no suspect identified | On or near Radlow Crescent |
Feb 2022 | Vehicle crime | Investigation complete; no suspect identified | On or near Radlow Crescent |
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