£188,578
This estimated value is based upon the latest sale price for the house of £175,000 on 15 Sep 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £175,000 | 15 Sep 2021 |
| £154,000 | 30 Nov 2018 |
| £100,000 | 22 Oct 2004 |
| Flats/Maisonettes |
| Leasehold |
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 September 2021 the House Price Index for WEST MIDLANDS was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £175,000 results in an estimated price of approximately £188,578.
| 15 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.6 | 7.759 % | £175,000 | £13,578 | £188,578 |
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 | -24.525 % | £-42,919 | £132,080 |
| 3 Month Average | 22.814 % | £39,923 | £214,923 |
| 6 Month Average | 15.104 % | £26,431 | £201,431 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Nov 2023 | £144,134 | £142,000 | FLAT 102 GROSVENOR COURT, 58 THE GREEN |
| 7 Sep 2023 | £152,449 | £150,500 | 24 MASSHOUSE LANE |
| 16 Jun 2023 | £136,655 | £135,000 | FLAT 403 GROSVENOR COURT, 58 THE GREEN |
| 5 Apr 2023 | £136,469 | £135,000 | FLAT 110 GROSVENOR COURT, 58 THE GREEN |
| 10 Mar 2023 | £201,902 | £200,000 | 39 REDDITCH ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kings Lodge |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Kings Lodge |
| Mar 2024 | Other theft | Under investigation | On or near Kings Lodge |
| Feb 2024 | Other crime | Unable to prosecute suspect | On or near Kings Lodge |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Kings Lodge |