£89,564
This estimated value is based upon the latest sale price for the house of £70,000 on 3 Aug 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £70,000 | 3 Aug 2017 |
| £28,000 | 6 Aug 1999 |
| 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 August 2017 the House Price Index for WEST MIDLANDS was 117.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.949%.Applying this 27.949% change to the original purchase price of £70,000 results in an estimated price of approximately £89,564.
| 3 Aug 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 149.7 | 27.949 % | £70,000 | £19,564 | £89,564 |
The Postcode Pricing Model uses changes in average sales price within the B45 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 | 3.543 % | £2,480 | £72,480 |
| 3 Month Average | 7.945 % | £5,561 | £75,561 |
| 6 Month Average | 30.175 % | £21,122 | £91,122 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Aug 2024 | £120,000 | £120,000 | 485 TESSALL LANE |
| 3 May 2024 | £250,000 | £250,000 | 39 WOODCOCK CLOSE |
| 20 Dec 2023 | £184,159 | £178,500 | 24 CORIANDER CLOSE |
| 10 Mar 2023 | £212,550 | £209,000 | 144 FROGMILL ROAD |
| 3 Feb 2023 | £235,574 | £234,000 | 37 WOODCOCK CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Coriander Close |
| Oct 2024 | Anti-social behaviour | On or near Coriander Close | |
| Jul 2024 | Anti-social behaviour | On or near Coriander Close | |
| Jul 2024 | Anti-social behaviour | On or near Coriander Close | |
| Jul 2024 | Anti-social behaviour | On or near Coriander Close |