£238,232
This estimated value is based upon the latest sale price for the house of £67,000 on 9 Feb 2001. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £67,000 | 9 Feb 2001 |
| £62,000 | 9 Sep 1999 |
| Semi-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 February 2001 the House Price Index for WEST MIDLANDS was 42.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 255.570%.Applying this 255.570% change to the original purchase price of £67,000 results in an estimated price of approximately £238,232.
| 9 Feb 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 42.1 | 149.7 | 255.570 % | £67,000 | £171,232 | £238,232 |
The Postcode Pricing Model uses changes in average sales price within the WV14 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 | 336.899 % | £225,722 | £292,722 |
| 3 Month Average | 304.328 % | £203,899 | £270,899 |
| 6 Month Average | 273.602 % | £183,313 | £250,313 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jun 2024 | £210,000 | £210,000 | 412 BIRMINGHAM NEW ROAD |
| 6 Mar 2024 | £180,777 | £178,000 | 480 BIRMINGHAM NEW ROAD |
| 10 Nov 2023 | £141,081 | £137,500 | 22 PICKRELL ROAD |
| 27 Oct 2023 | £235,857 | £230,500 | 5 KIPLING AVENUE |
| 1 Sep 2023 | £263,816 | £258,000 | 444 BIRMINGHAM NEW ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Pickrell Road | |
| Jun 2024 | Anti-social behaviour | On or near Pickrell Road | |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kipling Avenue |
| May 2024 | Anti-social behaviour | On or near Shaw Road | |
| May 2024 | Anti-social behaviour | On or near Shaw Road |