£196,933
This estimated value is based upon the latest sale price for the house of £120,000 on 9 Feb 2007. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £120,000 | 9 Feb 2007 |
| 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 February 2007 the House Price Index for WEST MIDLANDS was 91.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 64.111%.Applying this 64.111% change to the original purchase price of £120,000 results in an estimated price of approximately £196,933.
| 9 Feb 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.2 | 149.7 | 64.111 % | £120,000 | £76,933 | £196,933 |
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 | 17.482 % | £20,978 | £140,978 |
| 3 Month Average | 44.030 % | £52,836 | £172,836 |
| 6 Month Average | 63.802 % | £76,561 | £196,561 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Jul 2024 | £180,000 | £180,000 | 109 OLD OAK ROAD |
| 1 Aug 2023 | £206,729 | £203,000 | 91 OLD OAK ROAD |
| 15 Jul 2022 | £323,239 | £320,000 | 9 SYCAMORE GROVE |
| 24 Jun 2022 | £262,614 | £257,000 | 79 WHARF ROAD |
| 13 Feb 2022 | £332,784 | £315,000 | 7 CHAPEL WALK |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Facet Road |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Facet Road |
| Jun 2024 | Vehicle crime | Awaiting court outcome | On or near Facet Road |
| Jun 2024 | Drugs | Under investigation | On or near Facet Road |
| Jun 2024 | Vehicle crime | Awaiting court outcome | On or near Facet Road |