£388,518
This estimated value is based upon the latest sale price for the house of £114,700 on 23 Jul 2001. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £114,700 | 23 Jul 2001 |
| £74,500 | 19 Apr 2000 |
| Terraced |
| 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 July 2001 the House Price Index for WEST MIDLANDS was 44.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 238.726%.Applying this 238.726% change to the original purchase price of £114,700 results in an estimated price of approximately £388,518.
| 23 Jul 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 44.2 | 149.7 | 238.726 % | £114,700 | £273,818 | £388,518 |
The Postcode Pricing Model uses changes in average sales price within the B92 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 | 305.146 % | £350,002 | £464,702 |
| 3 Month Average | 187.806 % | £215,413 | £330,113 |
| 6 Month Average | 177.654 % | £203,769 | £318,469 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £324,986 | £315,000 | 57 MAYSWOOD ROAD |
| 15 Nov 2023 | £389,897 | £380,000 | 172 MAYSWOOD ROAD |
| 27 Oct 2023 | £281,391 | £275,000 | 8 NORGRAVE ROAD |
| 24 Aug 2023 | £185,343 | £182,000 | 27 COPHAMS CLOSE |
| 10 Mar 2023 | £300,010 | £295,000 | 16 NORGRAVE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Cophams Close |
| May 2024 | Violence and sexual offences | Under investigation | On or near Cophams Close |
| Apr 2024 | Burglary | Unable to prosecute suspect | On or near Highcroft Close |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Highcroft Close |
| Jun 2024 | Burglary | Under investigation | On or near Farmstead Road |