£395,430
This estimated value is based upon the latest sale price for the house of £86,000 on 9 Dec 1998. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £86,000 | 9 Dec 1998 |
| £86,000 | 9 Oct 1998 |
| 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 1998 the House Price Index for WEST MIDLANDS was 32.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 359.802%.Applying this 359.802% change to the original purchase price of £86,000 results in an estimated price of approximately £395,430.
| 9 Dec 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.3 | 148.6 | 359.802 % | £86,000 | £309,430 | £395,430 |
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 | 229.319 % | £197,214 | £283,214 |
| 3 Month Average | 266.957 % | £229,582 | £315,582 |
| 6 Month Average | 259.777 % | £223,407 | £309,407 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Mar 2023 | £275,092 | £272,500 | 32 CRANFIELD GROVE |
| 24 Feb 2023 | £244,835 | £245,000 | 8 LODGE DRIVE |
| 3 Feb 2023 | £253,829 | £254,000 | 78 CHARLBURY CRESCENT |
| 10 Nov 2022 | £74,102 | £75,000 | 6 BARROWS LANE |
| 2 Aug 2022 | £319,141 | £320,000 | 61 BARROWS LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lodge Drive |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lodge Drive |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Lodge Drive |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lodge Drive |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Lodge Drive |