£519,410
This estimated value is based upon the latest sale price for the house of £210,000 on 30 Jan 2003. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Kings Gate
More crime details
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| Price Paid | Date |
|---|---|
| £210,000 | 30 Jan 2003 |
| £105,000 | 27 Apr 2000 |
| 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 January 2003 the House Price Index for WEST MIDLANDS was 60.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 147.338%.Applying this 147.338% change to the original purchase price of £210,000 results in an estimated price of approximately £519,410.
| 30 Jan 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 60.1 | 148.6 | 147.338 % | £210,000 | £309,410 | £519,410 |
The Postcode Pricing Model uses changes in average sales price within the B38 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 | 128.965 % | £270,825 | £480,825 |
| 3 Month Average | 241.769 % | £507,715 | £717,715 |
| 6 Month Average | 227.237 % | £477,197 | £687,197 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £330,000 | £330,000 | 76 GRANSHAW CLOSE |
| 3 Feb 2023 | £73,950 | £74,000 | FLAT 17 THE SPINNEY, 101 REDDITCH ROAD |
| 25 Jan 2023 | £56,733 | £57,000 | FLAT 9 THE SPINNEY, 101 REDDITCH ROAD |
| 4 Nov 2022 | £69,162 | £70,000 | FLAT 20 THE SPINNEY, 101 REDDITCH ROAD |
| 27 Oct 2022 | £64,308 | £65,000 | FLAT 2 THE SPINNEY, 101 REDDITCH ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Kings Gate |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Granshaw Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Granshaw Close |
| Jan 2024 | Burglary | Unable to prosecute suspect | On or near Granshaw Close |
| Apr 2024 | Other theft | Unable to prosecute suspect | On or near Melrose Close |