£151,893
This estimated value is based upon the latest sale price for the house of £87,000 on 10 Jun 2011. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £87,000 | 10 Jun 2011 |
| £75,000 | 1 Feb 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 70 sq meters or 762 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 June 2011 the House Price Index for WEST MIDLANDS was 85.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.591%.Applying this 74.591% change to the original purchase price of £87,000 results in an estimated price of approximately £151,893.
| 10 Jun 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.7 | 149.7 | 74.591 % | £87,000 | £64,893 | £151,893 |
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 | 178.084 % | £154,933 | £241,933 |
| 3 Month Average | 93.777 % | £81,586 | £168,586 |
| 6 Month Average | 68.765 % | £59,825 | £146,825 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Mar 2024 | £213,277 | £210,000 | 5 RICHARDS CLOSE |
| 1 Sep 2023 | £251,545 | £246,000 | 36 RICHARDS CLOSE |
| 28 Jun 2023 | £204,090 | £200,000 | 333 BIRCHFIELD LANE |
| 27 Jun 2023 | £214,294 | £210,000 | 28 BOROUGH CRESCENT |
| 21 Feb 2023 | £5,687,996 | £5,650,000 | UNIT C BIRCHLEY INDUSTRIAL ESTATE BIRCHFIELD LANE |
This house has a floor area of 70 sq meters or 762 sq feet when measured on 18 Feb 2011. Using an estimated price of £151,894 means this house is valued at £2,143 per sq meter (£199 per sq foot).
The average size of a house on BOROUGH CRESCENT is 95 sq meters (1,032 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Bicycle theft | Under investigation | On or near Birchfield Lane |
| Jul 2024 | Shoplifting | Unable to prosecute suspect | On or near Birchfield Lane |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Birchfield Lane |
| Jul 2024 | Shoplifting | Under investigation | On or near Birchfield Lane |
| Jul 2024 | Public order | Unable to prosecute suspect | On or near Birchfield Lane |