£585,959
This estimated value is based upon the latest sale price for the house of £575,000 on 28 Apr 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £575,000 | 28 Apr 2023 |
| £285,000 | 8 Jun 2016 |
| 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 April 2023 the House Price Index for WEST MIDLANDS was 146.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.906%.Applying this 1.906% change to the original purchase price of £575,000 results in an estimated price of approximately £585,959.
| 28 Apr 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.9 | 149.7 | 1.906 % | £575,000 | £10,959 | £585,959 |
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 | 43.178 % | £248,274 | £823,274 |
| 3 Month Average | -15.938 % | £-91,641 | £483,358 |
| 6 Month Average | -6.559 % | £-37,712 | £537,287 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £107,000 | £107,000 | 8 LUANNE CLOSE |
| 15 Dec 2023 | £127,415 | £123,500 | 26 LUANNE CLOSE |
| 29 Sep 2023 | £3,026,415 | £2,959,700 | 7E WATERFALL LANE TRADING ESTATE |
| 18 Aug 2023 | £125,768 | £123,500 | 20 LUANNE CLOSE |
| 14 Jun 2023 | £1,096,984 | £1,075,000 | 7C WATERFALL LANE TRADING ESTATE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Manson Drive |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Luanne Close |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mission Close |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Owens Way |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Waterfall Lane |