£396,420
This estimated value is based upon the latest sale price for the house of £249,995 on 28 Mar 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £249,995 | 28 Mar 2014 |
| Detached |
| Leasehold |
| Floor Area: 136 sq meters or 1,463 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 March 2014 the House Price Index for WEST MIDLANDS was 94.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.571%.Applying this 58.571% change to the original purchase price of £249,995 results in an estimated price of approximately £396,420.
| 28 Mar 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.4 | 149.7 | 58.571 % | £249,995 | £146,425 | £396,420 |
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 | 164.750 % | £411,866 | £661,861 |
| 3 Month Average | 66.239 % | £165,594 | £415,589 |
| 6 Month Average | 57.128 % | £142,817 | £392,812 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £215,000 | £215,000 | 3 BHULLAR WAY |
| 31 Oct 2022 | £375,745 | £377,000 | 28 BHULLAR WAY |
| 28 Oct 2022 | £104,650 | £105,000 | 20 SILVERLIGHT GROVE |
| 17 Aug 2022 | £216,010 | £215,000 | 17 DITTA DRIVE |
| 29 Jun 2022 | £214,587 | £210,000 | 3 DITTA DRIVE |
This house has a floor area of 136 sq meters or 1,463 sq feet when measured on 12 Feb 2014. Using an estimated price of £396,421 means this house is valued at £2,914 per sq meter (£270 per sq foot).
The average size of a house on BHULLAR WAY is 96 sq meters (1,041 sq feet).
This house is the largest in the street with a floor area of 136 sq meters (1,463 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Mayfly Close |
| May 2024 | Anti-social behaviour | On or near Mayfly Close | |
| May 2024 | Anti-social behaviour | On or near Mayfly Close | |
| May 2024 | Anti-social behaviour | On or near Mayfly Close | |
| May 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Bhullar Way |