£167,711
This estimated value is based upon the latest sale price for the house of £105,000 on 23 Jan 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £105,000 | 23 Jan 2014 |
| £78,500 | 14 Jun 2013 |
| Terraced |
| 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 January 2014 the House Price Index for WEST MIDLANDS was 93.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 59.725%.Applying this 59.725% change to the original purchase price of £105,000 results in an estimated price of approximately £167,711.
| 23 Jan 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.0 | 148.6 | 59.725 % | £105,000 | £62,711 | £167,711 |
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 | 66.408 % | £69,728 | £174,728 |
| 3 Month Average | 77.136 % | £80,992 | £185,992 |
| 6 Month Average | 80.200 % | £84,210 | £189,210 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Jul 2023 | £238,206 | £235,000 | 31 HEATHLEIGH ROAD |
| 19 Apr 2023 | £232,503 | £230,000 | 475 REDDITCH ROAD |
| 24 Oct 2022 | £291,858 | £295,000 | 17 HEATHLEIGH ROAD |
| 2 Sep 2022 | £193,438 | £195,000 | 25 HEATHLEIGH ROAD |
| 5 Aug 2022 | £269,275 | £270,000 | 426 REDDITCH ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Glenwood Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Willoughby Gardens |
| Apr 2024 | Burglary | Under investigation | On or near Willoughby Gardens |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Nearhill Road |
| Mar 2024 | Other theft | Under investigation | On or near Blossomfield Close |