£146,219
This estimated value is based upon the latest sale price for the house of £69,950 on 12 Mar 2004. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £69,950 | 12 Mar 2004 |
| £56,000 | 31 Oct 2002 |
| £25,500 | 17 Feb 1995 |
| Terraced |
| 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 March 2004 the House Price Index for WEST MIDLANDS was 71.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 109.035%.Applying this 109.035% change to the original purchase price of £69,950 results in an estimated price of approximately £146,219.
| 12 Mar 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 71.1 | 148.6 | 109.035 % | £69,950 | £76,269 | £146,219 |
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 | 85.509 % | £59,813 | £129,763 |
| 3 Month Average | 154.165 % | £107,838 | £177,788 |
| 6 Month Average | 147.590 % | £103,239 | £173,189 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Sep 2023 | £152,449 | £150,500 | 24 MASSHOUSE LANE |
| 10 Mar 2023 | £201,902 | £200,000 | 39 REDDITCH ROAD |
| 19 Aug 2022 | £101,726 | £102,000 | FLAT 5 42 REDDITCH ROAD |
| 10 Aug 2022 | £329,114 | £330,000 | 15 KINGS LODGE |
| 26 May 2022 | £183,457 | £180,000 | 18 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 |