£117,514
This estimated value is based upon the latest sale price for the house of £87,000 on 31 Mar 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £87,000 | 31 Mar 2016 |
| £82,500 | 20 Apr 2007 |
| Flats/Maisonettes |
| Leasehold |
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 March 2016 the House Price Index for WEST MIDLANDS was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £87,000 results in an estimated price of approximately £117,514.
| 31 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 148.6 | 35.074 % | £87,000 | £30,514 | £117,514 |
The Postcode Pricing Model uses changes in average sales price within the CV6 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 | 34.890 % | £30,353 | £117,353 |
| 3 Month Average | 46.669 % | £40,602 | £127,602 |
| 6 Month Average | 39.648 % | £34,493 | £121,493 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Apr 2023 | £99,764 | £98,690 | 48 THREE SPIRES AVENUE |
| 29 Jul 2022 | £180,486 | £180,000 | 79 BROWETT ROAD |
| 24 Jun 2022 | £194,752 | £192,000 | 36 THREE SPIRES AVENUE |
| 11 Mar 2022 | £219,688 | £212,000 | 34 THREE SPIRES AVENUE |
| 22 Nov 2021 | £243,341 | £225,000 | 54 THREE SPIRES AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Robbery | Under investigation | On or near Barkers' Butts Lane |
| Mar 2024 | Vehicle crime | Under investigation | On or near Barkers' Butts Lane |
| Apr 2024 | Other crime | Under investigation | On or near Oakfield Road |
| Feb 2024 | Other crime | Under investigation | On or near Oakfield Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oakfield Road |