£332,667
This estimated value is based upon the latest sale price for the house of £260,000 on 21 Aug 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Orchard Court
More crime details
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| Price Paid | Date |
|---|---|
| £260,000 | 21 Aug 2017 |
| £225,000 | 18 Feb 2005 |
| 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 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 £260,000 results in an estimated price of approximately £332,667.
| 21 Aug 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 149.7 | 27.949 % | £260,000 | £72,667 | £332,667 |
The Postcode Pricing Model uses changes in average sales price within the CV3 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 | 20.028 % | £52,071 | £312,071 |
| 3 Month Average | 24.627 % | £64,030 | £324,030 |
| 6 Month Average | 26.106 % | £67,874 | £327,874 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Sep 2024 | £205,000 | £205,000 | 296 WILLENHALL LANE |
| 24 Jul 2024 | £437,184 | £437,184 | 6 ORCHARD COURT BINLEY BUSINESS PARK |
| 21 Dec 2023 | £773,777 | £750,000 | MERIDIAN HOUSE, 5 EASTWOOD BUSINESS VILLAGE |
| 29 Sep 2023 | £76,691 | £75,000 | 18 FALCON AVENUE |
| 31 Aug 2023 | £190,435 | £187,000 | 7 FALCON AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Burglary | Under investigation | On or near Orchard Court |
| Oct 2024 | Anti-social behaviour | On or near Petrol Station | |
| Oct 2024 | Anti-social behaviour | On or near Petrol Station | |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |
| Oct 2024 | Vehicle crime | Under investigation | On or near Petrol Station |