£589,850
This estimated value is based upon the latest sale price for the house of £580,000 on 2 Mar 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £580,000 | 2 Mar 2023 |
| £345,000 | 11 Jan 2007 |
| £315,000 | 2 Jul 2004 |
| 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 March 2023 the House Price Index for WEST MIDLANDS was 147.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.698%.Applying this 1.698% change to the original purchase price of £580,000 results in an estimated price of approximately £589,850.
| 2 Mar 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 149.7 | 1.698 % | £580,000 | £9,850 | £589,850 |
The Postcode Pricing Model uses changes in average sales price within the B91 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 | -46.914 % | £-272,099 | £307,900 |
| 3 Month Average | 1.898 % | £11,005 | £591,005 |
| 6 Month Average | 5.318 % | £30,841 | £610,841 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Jul 2024 | £412,000 | £412,000 | 7 ALDERTON CLOSE |
| 28 Jun 2024 | £425,000 | £425,000 | 24 CHALGROVE CRESCENT |
| 9 Jun 2023 | £316,339 | £310,000 | 18 BRANTHILL CROFT |
| 2 Mar 2023 | £589,851 | £580,000 | 12 ALDERTON CLOSE |
| 17 Feb 2023 | £614,102 | £610,000 | 7 CHALGROVE CRESCENT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bowercourt Close |
| Aug 2024 | Other theft | Unable to prosecute suspect | On or near Bowercourt Close |
| Sep 2024 | Public order | Under investigation | On or near Hillfield Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kingsbrook Drive |
| Aug 2024 | Other crime | Awaiting court outcome | On or near Grandborough Drive |