£199,405
This estimated value is based upon the latest sale price for the house of £125,000 on 28 Feb 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £125,000 | 28 Feb 2014 |
| £105,000 | 27 Jun 2003 |
| 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 2014 the House Price Index for WEST MIDLANDS was 93.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 59.525%.Applying this 59.525% change to the original purchase price of £125,000 results in an estimated price of approximately £199,405.
| 28 Feb 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.8 | 149.7 | 59.525 % | £125,000 | £74,405 | £199,405 |
The Postcode Pricing Model uses changes in average sales price within the B26 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 | 38.599 % | £48,249 | £173,249 |
| 3 Month Average | 68.482 % | £85,602 | £210,602 |
| 6 Month Average | 69.708 % | £87,135 | £212,135 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £361,096 | £350,000 | 46 CRANES PARK ROAD |
| 28 Jun 2023 | £272,970 | £267,500 | 21 DOVERCOURT ROAD |
| 28 Apr 2023 | £71,334 | £70,000 | 75 CRANES PARK ROAD |
| 20 Feb 2023 | £276,849 | £275,000 | 36 FOREST HILL ROAD |
| 1 Nov 2021 | £200,472 | £184,000 | 45 WARMINGTON ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Ivydale Avenue |
| Sep 2024 | Robbery | Under investigation | On or near The Laurels |
| Jul 2024 | Robbery | Investigation complete; no suspect identified | On or near The Laurels |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near The Laurels |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near The Laurels |