£879,806
This estimated value is based upon the latest sale price for the house of £715,000 on 5 Jun 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £715,000 | 5 Jun 2019 |
| 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 June 2019 the House Price Index for WEST MIDLANDS was 120.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.050%.Applying this 23.050% change to the original purchase price of £715,000 results in an estimated price of approximately £879,806.
| 5 Jun 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.0 | 23.050 % | £715,000 | £164,806 | £879,806 |
The Postcode Pricing Model uses changes in average sales price within the WS5 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 | 16.211 % | £115,910 | £830,910 |
| 3 Month Average | -0.840 % | £-6,002 | £708,997 |
| 6 Month Average | 3.712 % | £26,538 | £741,538 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £358,788 | £352,000 | 396 BIRMINGHAM ROAD |
| 29 Jun 2023 | £398,229 | £395,000 | 39 HOBART DRIVE |
| 17 Mar 2023 | £608,288 | £605,000 | 9 CHARLEMONT ROAD |
| 28 Sep 2022 | £342,830 | £347,000 | 390 BIRMINGHAM ROAD |
| 16 Sep 2022 | £306,275 | £310,000 | 14 HOBART DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Charlemont Close |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Hobart Drive |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Park Hall Close |
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Park Hall Close |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Park Hall Close |