£560,750
This estimated value is based upon the latest sale price for the house of £305,000 on 6 Jul 2005. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £305,000 | 6 Jul 2005 |
| £53,000 | 31 Jan 1995 |
| 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 July 2005 the House Price Index for WEST MIDLANDS was 80.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 83.853%.Applying this 83.853% change to the original purchase price of £305,000 results in an estimated price of approximately £560,750.
| 6 Jul 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.8 | 148.6 | 83.853 % | £305,000 | £255,750 | £560,750 |
The Postcode Pricing Model uses changes in average sales price within the B14 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 | 23.941 % | £73,020 | £378,020 |
| 3 Month Average | 35.865 % | £109,388 | £414,388 |
| 6 Month Average | 58.622 % | £178,795 | £483,795 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Mar 2023 | £436,613 | £432,500 | 214 MAY LANE |
| 25 Nov 2022 | £405,093 | £410,000 | 6 ARDLEY ROAD |
| 20 Sep 2022 | £270,317 | £272,500 | 14 BEECH GROVE |
| 27 Jul 2022 | £270,729 | £270,000 | 13 ARDLEY ROAD |
| 30 Jun 2022 | £265,756 | £262,000 | 118 MAY LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Beech Grove |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Ardley Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ardley Road |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near May Lane |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near May Lane |