£167,309
This estimated value is based upon the latest sale price for the house of £104,000 on 4 May 2007. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £104,000 | 4 May 2007 |
| £83,000 | 26 Mar 2004 |
| Flats/Maisonettes |
| 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 May 2007 the House Price Index for WEST MIDLANDS was 93.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 60.875%.Applying this 60.875% change to the original purchase price of £104,000 results in an estimated price of approximately £167,309.
| 4 May 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.1 | 149.7 | 60.875 % | £104,000 | £63,309 | £167,309 |
The Postcode Pricing Model uses changes in average sales price within the B43 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 | 86.674 % | £90,141 | £194,141 |
| 3 Month Average | 57.249 % | £59,539 | £163,539 |
| 6 Month Average | 45.821 % | £47,653 | £151,653 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £136,185 | £132,000 | 923 WALSALL ROAD |
| 31 Mar 2023 | £125,089 | £123,000 | 25 READERS WALK |
| 22 Aug 2022 | £251,174 | £250,000 | 19 BEECHWOOD ROAD |
| 22 Jul 2022 | £156,569 | £155,000 | 20 READERS WALK |
| 13 Jul 2022 | £68,183 | £67,500 | 23 READERS WALK |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near A4041 |
| Sep 2024 | Other theft | Under investigation | On or near A4041 |
| Sep 2024 | Anti-social behaviour | On or near A4041 | |
| Sep 2024 | Shoplifting | Under investigation | On or near A4041 |
| Sep 2024 | Robbery | Investigation complete; no suspect identified | On or near A4041 |