£119,495
This estimated value is based upon the latest sale price for the house of £117,500 on 8 Mar 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£117,500 | 8 Mar 2023 |
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 2023 the House Price Index for WEST MIDLANDS was 147.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.698%.Applying this 1.698% change to the original purchase price of £117,500 results in an estimated price of approximately £119,495.
8 Mar 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.2 | 149.7 | 1.698 % | £117,500 | £1,995 | £119,495 |
The Postcode Pricing Model uses changes in average sales price within the B14 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 | 35.982 % | £42,278 | £159,778 |
3 Month Average | 10.437 % | £12,263 | £129,763 |
6 Month Average | -3.229 % | £-3,794 | £113,705 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Apr 2023 | £51,972 | £51,000 | FLAT 5 49 BAYSTON ROAD |
8 Mar 2023 | £119,496 | £117,500 | FLAT 5 81 JASMIN CROFT |
17 Aug 2022 | £277,045 | £275,750 | 140A BROAD LANE |
22 Jul 2022 | £166,670 | £165,000 | FLAT 2 51 BAYSTON ROAD |
24 Jun 2022 | £236,046 | £231,000 | 4 BROOM DRIVE |
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Jasmin Croft |
Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Broad Lane |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lavender Close |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lavender Close |
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lavender Close |