£209,822
This estimated value is based upon the latest sale price for the house of £208,000 on 16 Dec 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £208,000 | 16 Dec 2022 |
| £46,500 | 10 Apr 1997 |
| Semi-Detached |
| 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 December 2022 the House Price Index for WEST MIDLANDS was 148.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.876%.Applying this 0.876% change to the original purchase price of £208,000 results in an estimated price of approximately £209,822.
| 16 Dec 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.4 | 149.7 | 0.876 % | £208,000 | £1,822 | £209,822 |
The Postcode Pricing Model uses changes in average sales price within the B69 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 | 46.676 % | £97,086 | £305,086 |
| 3 Month Average | 2.043 % | £4,250 | £212,250 |
| 6 Month Average | -10.057 % | £-20,918 | £187,081 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £81,248 | £80,000 | 19 RED LION CLOSE |
| 11 Dec 2023 | £206,340 | £200,000 | 14 PENRICE DRIVE |
| 20 Oct 2023 | £184,183 | £180,000 | 6 LUDLOW CLOSE |
| 30 Mar 2023 | £74,748 | £73,500 | 21 RED LION CLOSE |
| 2 Mar 2023 | £198,312 | £195,000 | 12 PENRICE DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Regent Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ludlow Close |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ludlow Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Ludlow Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Rise |