£285,596
This estimated value is based upon the latest sale price for the house of £180,000 on 13 Jun 2007. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £180,000 | 13 Jun 2007 |
| £74,000 | 9 Aug 1999 |
| 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 June 2007 the House Price Index for WEST MIDLANDS was 93.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.665%.Applying this 58.665% change to the original purchase price of £180,000 results in an estimated price of approximately £285,596.
| 13 Jun 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.7 | 148.6 | 58.665 % | £180,000 | £105,596 | £285,596 |
The Postcode Pricing Model uses changes in average sales price within the B70 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 | 55.422 % | £99,760 | £279,760 |
| 3 Month Average | 39.080 % | £70,343 | £250,343 |
| 6 Month Average | 58.529 % | £105,352 | £285,352 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Jun 2023 | £343,157 | £339,000 | 5 ST MARTINS CLOSE |
| 20 May 2022 | £224,225 | £220,000 | 60 EUROPA AVENUE |
| 29 Nov 2021 | £346,084 | £320,000 | 12 ST MARTINS CLOSE |
| 17 Sep 2021 | £258,622 | £240,000 | 42 EUROPA AVENUE |
| 28 Sep 2020 | £195,918 | £165,000 | 34 ST CHRISTOPHER CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near St Caroline Close |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near St Caroline Close |
| Jan 2024 | Other theft | Under investigation | On or near St James Close |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Offini Close |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Offini Close |