£156,776
This estimated value is based upon the latest sale price for the house of £75,000 on 1 Mar 2004. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £75,000 | 1 Mar 2004 |
| £43,000 | 17 May 2002 |
| £35,000 | 3 Jun 1998 |
| Terraced |
| 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 2004 the House Price Index for WEST MIDLANDS was 71.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 109.035%.Applying this 109.035% change to the original purchase price of £75,000 results in an estimated price of approximately £156,776.
| 1 Mar 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 71.1 | 148.6 | 109.035 % | £75,000 | £81,776 | £156,776 |
The Postcode Pricing Model uses changes in average sales price within the B38 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 | 85.509 % | £64,131 | £139,131 |
| 3 Month Average | 154.165 % | £115,623 | £190,623 |
| 6 Month Average | 147.590 % | £110,692 | £185,692 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Aug 2023 | £204,792 | £203,000 | 91 OLD OAK ROAD |
| 21 Jul 2023 | £202,729 | £200,000 | 79 OLD OAK ROAD |
| 15 Jul 2022 | £320,864 | £320,000 | 9 SYCAMORE GROVE |
| 24 Jun 2022 | £260,684 | £257,000 | 79 WHARF ROAD |
| 14 Apr 2022 | £468,559 | £455,000 | 9 WILLOW CROFT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Under investigation | On or near Facet Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Facet Road |
| Feb 2024 | Public order | Under investigation | On or near Facet Road |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Sycamore Grove |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sycamore Grove |