£235,045
This estimated value is based upon the latest sale price for the house of £157,000 on 17 Oct 2014. 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 Frome Way
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| Price Paid | Date |
|---|---|
| £157,000 | 17 Oct 2014 |
| £135,000 | 27 Feb 2009 |
| £125,000 | 27 Jun 2003 |
| £83,000 | 10 Jan 2002 |
| 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 October 2014 the House Price Index for WEST MIDLANDS was 99.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.711%.Applying this 49.711% change to the original purchase price of £157,000 results in an estimated price of approximately £235,045.
| 17 Oct 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 148.6 | 49.711 % | £157,000 | £78,045 | £235,045 |
The Postcode Pricing Model uses changes in average sales price within the B14 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 | 36.645 % | £57,532 | £214,532 |
| 3 Month Average | 28.048 % | £44,036 | £201,036 |
| 6 Month Average | 45.559 % | £71,528 | £228,528 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £274,057 | £270,000 | 174 KINGS ROAD |
| 8 Sep 2023 | £126,619 | £125,000 | 8B CHIRTON GROVE |
| 3 Aug 2023 | £303,909 | £301,250 | 23 HOUGH ROAD |
| 31 Mar 2023 | £312,948 | £310,000 | 24 HOUGH ROAD |
| 19 Jan 2023 | £110,480 | £111,000 | 142B KINGS ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near Frome Way |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Frome Way |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Frome Way |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Hough Road |
| Apr 2024 | Anti-social behaviour | On or near Kings Road |