£2,579,172
This estimated value is based upon the latest sale price for the house of £2,600,000 on 9 Sep 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £2,600,000 | 9 Sep 2022 |
| £650,000 | 6 Apr 2018 |
| 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 September 2022 the House Price Index for WEST MIDLANDS was 149.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.801%.Applying this -0.801% change to the original purchase price of £2,600,000 results in an estimated price of approximately £2,579,172.
| 9 Sep 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.8 | 148.6 | -0.801 % | £2,600,000 | £-20,827 | £2,579,172 |
The Postcode Pricing Model uses changes in average sales price within the B64 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 | -4.046 % | £-105,185 | £2,494,814 |
| 3 Month Average | -13.698 % | £-356,159 | £2,243,840 |
| 6 Month Average | -10.024 % | £-260,627 | £2,339,372 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Jan 2023 | £69,672 | £70,000 | 281 HALESOWEN ROAD |
| 9 Sep 2022 | £2,579,172 | £2,600,000 | PRIEST HOUSE PRIEST STREET |
| 15 Aug 2022 | £219,409 | £220,000 | 307 HALESOWEN ROAD |
| 12 Aug 2022 | £259,302 | £260,000 | 6 CHURCH VIEW DRIVE |
| 25 Apr 2022 | £140,568 | £136,500 | 12 MOSSVALE CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Priest Street |
| Apr 2024 | Burglary | Under investigation | On or near Parking Area |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |