£304,532
This estimated value is based upon the latest sale price for the house of £53,200 on 12 Dec 1995. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £53,200 | 12 Dec 1995 |
| 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 December 1995 the House Price Index for WEST MIDLANDS was 26.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 472.429%.Applying this 472.429% change to the original purchase price of £53,200 results in an estimated price of approximately £304,532.
| 12 Dec 1995 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.2 | 149.7 | 472.429 % | £53,200 | £251,332 | £304,532 |
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 | 379.163 % | £201,714 | £254,914 |
| 3 Month Average | 401.720 % | £213,714 | £266,914 |
| 6 Month Average | 379.657 % | £201,977 | £255,177 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £325,830 | £323,000 | 129 BARROWS LANE |
| 2 Nov 2023 | £297,553 | £290,000 | 80 VERA ROAD |
| 12 Jun 2023 | £311,237 | £305,000 | 139 BARROWS LANE |
| 9 Jun 2023 | £331,646 | £325,000 | 84 ELMCROFT ROAD |
| 12 Jan 2023 | £285,764 | £285,000 | 57 VERA ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Vera Road | |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Vera Road |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Vera Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Vera Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Vera Road |