£265,964
This estimated value is based upon the latest sale price for the house of £245,000 on 30 Sep 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £245,000 | 30 Sep 2021 |
| 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 September 2021 the House Price Index for WEST MIDLANDS was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £245,000 results in an estimated price of approximately £265,964.
| 30 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £245,000 | £20,964 | £265,964 |
The Postcode Pricing Model uses changes in average sales price within the B26 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 | 28.747 % | £70,431 | £315,431 |
| 3 Month Average | 16.369 % | £40,103 | £285,103 |
| 6 Month Average | 12.574 % | £30,806 | £275,806 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Nov 2023 | £343,725 | £335,000 | 126 MANOR HOUSE LANE |
| 8 Sep 2023 | £334,882 | £327,500 | 136 MANOR HOUSE LANE |
| 21 Jun 2023 | £272,970 | £267,500 | 94 WENSLEY ROAD |
| 9 Jun 2023 | £260,215 | £255,000 | 129 SUNNYMEAD ROAD |
| 31 Mar 2023 | £254,246 | £250,000 | 162 SUNNYMEAD ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Barrows Lane |
| Aug 2024 | Public order | Investigation complete; no suspect identified | On or near Barrows Lane |
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Barrows Lane |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Paddock Drive |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Paddock Drive |