£396,341
This estimated value is based upon the latest sale price for the house of £136,000 on 21 May 2002. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £136,000 | 21 May 2002 |
| £77,500 | 31 Oct 1997 |
| 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 May 2002 the House Price Index for WEST MIDLANDS was 51.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 191.428%.Applying this 191.428% change to the original purchase price of £136,000 results in an estimated price of approximately £396,341.
| 21 May 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 51.0 | 148.6 | 191.428 % | £136,000 | £260,341 | £396,341 |
The Postcode Pricing Model uses changes in average sales price within the B74 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 | 108.960 % | £148,185 | £284,185 |
| 3 Month Average | 117.036 % | £159,169 | £295,169 |
| 6 Month Average | 131.414 % | £178,722 | £314,722 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £380,635 | £375,000 | 44 GROUNDS ROAD |
| 2 Nov 2023 | £284,208 | £280,000 | 64 FOUR OAKS COMMON ROAD |
| 30 Aug 2023 | £399,495 | £396,000 | 8 GROUNDS ROAD |
| 9 Aug 2023 | £453,971 | £450,000 | 1 ORCHARD GROVE |
| 14 Apr 2023 | £442,262 | £437,500 | 1B ORCHARD GROVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Friary Drive |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Friary Drive |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Friary Drive |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Four Oaks Common Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Four Oaks Common Road |