£146,071
This estimated value is based upon the latest sale price for the house of £83,000 on 22 Oct 2009. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £83,000 | 22 Oct 2009 |
| 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 October 2009 the House Price Index for WEST MIDLANDS was 84.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 75.990%.Applying this 75.990% change to the original purchase price of £83,000 results in an estimated price of approximately £146,071.
| 22 Oct 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.4 | 148.6 | 75.990 % | £83,000 | £63,071 | £146,071 |
The Postcode Pricing Model uses changes in average sales price within the B71 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 | -0.052 % | £-43 | £82,956 |
| 3 Month Average | 40.504 % | £33,618 | £116,618 |
| 6 Month Average | 72.941 % | £60,541 | £143,541 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £132,697 | £131,000 | APARTMENT 3 RIDGEACRE HOUSE SHROPSHIRE WAY |
| 8 Sep 2023 | £182,331 | £180,000 | 53 LYNTON AVENUE |
| 30 Jun 2023 | £117,422 | £116,000 | APARTMENT 2 ELWELL HOUSE SHROPSHIRE WAY |
| 3 Mar 2023 | £156,979 | £155,500 | 9 LELLOW STREET |
| 17 Feb 2023 | £259,825 | £260,000 | 10 JOWETTS LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Drugs | Investigation complete; no suspect identified | On or near Lynton Avenue |
| Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near Jowett'S Lane |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Jowett'S Lane |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Jowett'S Lane |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Jubilee Avenue |