£180,163
This estimated value is based upon the latest sale price for the house of £145,000 on 31 Jul 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £145,000 | 31 Jul 2019 |
| £112,000 | 22 Jun 2012 |
| £46,000 | 24 May 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 74 sq meters or 802 sq feet |
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 July 2019 the House Price Index for WEST MIDLANDS was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.250%.Applying this 24.250% change to the original purchase price of £145,000 results in an estimated price of approximately £180,163.
| 31 Jul 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.250 % | £145,000 | £35,163 | £180,163 |
The Postcode Pricing Model uses changes in average sales price within the B69 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 | 144.950 % | £210,177 | £355,177 |
| 3 Month Average | 48.341 % | £70,094 | £215,094 |
| 6 Month Average | 24.780 % | £35,931 | £180,931 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Mar 2024 | £213,277 | £210,000 | 5 RICHARDS CLOSE |
| 28 Jun 2023 | £204,090 | £200,000 | 333 BIRCHFIELD LANE |
| 27 Jun 2023 | £214,294 | £210,000 | 28 BOROUGH CRESCENT |
| 4 Jan 2023 | £179,480 | £179,000 | 378 BIRCHFIELD LANE |
| 5 Aug 2022 | £167,785 | £167,000 | 37 BOROUGH CRESCENT |
This house has a floor area of 74 sq meters or 802 sq feet when measured on 15 Mar 2012. Using an estimated price of £180,163 means this house is valued at £2,415 per sq meter (£224 per sq foot).
The average size of a house on BOROUGH CRESCENT is 95 sq meters (1,032 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Possession of weapons | Unable to prosecute suspect | On or near Borough Crescent |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Borough Crescent |
| Apr 2024 | Other theft | Unable to prosecute suspect | On or near Borough Crescent |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Witley Crescent |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Witley Crescent |