£191,333
This estimated value is based upon the latest sale price for the house of £94,950 on 14 May 2004. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £94,950 | 14 May 2004 |
| £47,000 | 24 Mar 2000 |
| £46,000 | 27 Mar 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 sq feet |
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 May 2004 the House Price Index for WEST MIDLANDS was 73.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 101.510%.Applying this 101.510% change to the original purchase price of £94,950 results in an estimated price of approximately £191,333.
| 14 May 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 73.7 | 148.6 | 101.510 % | £94,950 | £96,383 | £191,333 |
The Postcode Pricing Model uses changes in average sales price within the B69 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 | 30.331 % | £28,798 | £123,748 |
| 3 Month Average | 57.713 % | £54,798 | £149,748 |
| 6 Month Average | 87.837 % | £83,400 | £178,350 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Mar 2024 | £210,000 | £210,000 | 5 RICHARDS CLOSE |
| 1 Sep 2023 | £249,186 | £246,000 | 36 RICHARDS CLOSE |
| 7 Jul 2023 | £187,524 | £185,000 | 32 BOROUGH CRESCENT |
| 28 Jun 2023 | £202,452 | £200,000 | 333 BIRCHFIELD LANE |
| 27 Jun 2023 | £212,575 | £210,000 | 28 BOROUGH CRESCENT |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 5 Jun 2020. Using an estimated price of £191,334 means this house is valued at £2,057 per sq meter (£191 per sq foot).
The average size of a house on BOROUGH CRESCENT is 95 sq meters (1,032 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Borough Crescent |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Borough Crescent |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Borough Crescent |
| Feb 2024 | Drugs | Local resolution | On or near Borough Crescent |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Borough Crescent |