£479,744
This estimated value is based upon the latest sale price for the house of £86,450 on 2 Aug 1996. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £86,450 | 2 Aug 1996 |
| 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 August 1996 the House Price Index for WEST MIDLANDS was 26.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 454.939%.Applying this 454.939% change to the original purchase price of £86,450 results in an estimated price of approximately £479,744.
| 2 Aug 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.8 | 148.6 | 454.939 % | £86,450 | £393,294 | £479,744 |
The Postcode Pricing Model uses changes in average sales price within the B92 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 | 318.757 % | £275,565 | £362,015 |
| 3 Month Average | 258.158 % | £223,177 | £309,627 |
| 6 Month Average | 336.061 % | £290,524 | £376,974 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £208,081 | £205,000 | 62 FRANKTON CLOSE |
| 8 Aug 2023 | £580,327 | £575,250 | 768 OLD LODE LANE |
| 6 Feb 2023 | £379,744 | £380,000 | 702 OLD LODE LANE |
| 13 Oct 2022 | £215,678 | £218,000 | 52 ARLESCOTE ROAD |
| 15 Aug 2022 | £324,128 | £325,000 | 720 OLD LODE LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other crime | Under investigation | On or near Frankton Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Frankton Close |
| Feb 2024 | Burglary | Under investigation | On or near Odensil Green |
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Odensil Green |
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Odensil Green |