£308,680
This estimated value is based upon the latest sale price for the house of £306,000 on 23 Apr 2024. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £306,000 | 23 Apr 2024 |
| 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 April 2024 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 £306,000 results in an estimated price of approximately £308,680.
| 23 Apr 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.4 | 149.7 | 0.876 % | £306,000 | £2,680 | £308,680 |
The Postcode Pricing Model uses changes in average sales price within the B62 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 | 12.364 % | £37,834 | £343,834 |
| 3 Month Average | 18.296 % | £55,986 | £361,986 |
| 6 Month Average | 3.759 % | £11,503 | £317,503 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Apr 2024 | £308,681 | £306,000 | 1 MASEFIELD RISE |
| 4 Apr 2024 | £131,643 | £130,500 | 68 HAMILTON AVENUE |
| 18 Mar 2024 | £142,185 | £140,000 | 15 SANDALS RISE |
| 15 Dec 2023 | £103,170 | £100,000 | 12 SANDALS RISE |
| 2 Nov 2023 | £334,491 | £326,000 | 43 COUNTY PARK AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hamilton Avenue |
| Sep 2024 | Drugs | Unable to prosecute suspect | On or near Hamilton Avenue |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Hamilton Avenue |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hamilton Avenue |
| Oct 2024 | Shoplifting | Under investigation | On or near Petrol Station |