£253,841
This estimated value is based upon the latest sale price for the house of £253,500 on 9 Dec 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £253,500 | 9 Dec 2022 |
| Semi-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 December 2022 the House Price Index for WEST MIDLANDS was 148.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.135%.Applying this 0.135% change to the original purchase price of £253,500 results in an estimated price of approximately £253,841.
| 9 Dec 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.4 | 148.6 | 0.135 % | £253,500 | £341 | £253,841 |
The Postcode Pricing Model uses changes in average sales price within the B63 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 | -39.480 % | £-100,081 | £153,418 |
| 3 Month Average | -25.842 % | £-65,509 | £187,990 |
| 6 Month Average | -20.167 % | £-51,124 | £202,375 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £164,098 | £162,000 | 55 MAPLE TREE LANE |
| 11 Jul 2023 | £207,797 | £205,000 | 81 COLLEY LANE |
| 28 Jun 2023 | £359,353 | £355,000 | 40 COLLEY LANE |
| 6 Apr 2023 | £250,699 | £248,000 | 8 CHURCH ROAD |
| 24 Mar 2023 | £136,284 | £135,000 | 22 BETHESDA GARDENS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Church Road |
| Mar 2024 | Vehicle crime | Under investigation | On or near Colley Lane |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Colley Lane |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Colley Lane |
| Mar 2024 | Possession of weapons | Under investigation | On or near B4173 |