£464,622
This estimated value is based upon the latest sale price for the house of £235,000 on 1 Jun 2004. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Great Wood Road
More crime details
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| Price Paid | Date |
|---|---|
| £235,000 | 1 Jun 2004 |
| Detached |
| 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 June 2004 the House Price Index for WEST MIDLANDS was 75.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 97.712%.Applying this 97.712% change to the original purchase price of £235,000 results in an estimated price of approximately £464,622.
| 1 Jun 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 75.2 | 148.6 | 97.712 % | £235,000 | £229,622 | £464,622 |
The Postcode Pricing Model uses changes in average sales price within the B9 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 | -12.789 % | £-30,054 | £204,945 |
| 3 Month Average | 120.549 % | £283,290 | £518,290 |
| 6 Month Average | 103.046 % | £242,158 | £477,158 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Jan 2023 | £348,359 | £350,000 | 1 GREAT WOOD ROAD |
| 3 Aug 2022 | £159,570 | £160,000 | 182 GRANGE ROAD |
| 24 Jun 2022 | £147,079 | £145,000 | 13 HOLMWOOD ROAD |
| 1 Apr 2022 | £432,516 | £420,000 | 56 GREEN LANE |
| 7 Mar 2022 | £223,833 | £216,000 | 31 - 33 GREEN LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Shoplifting | Unable to prosecute suspect | On or near Great Wood Road |
| Mar 2024 | Bicycle theft | Under investigation | On or near Great Wood Road |
| Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near Great Wood Road |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Great Wood Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Great Wood Road |