£295,049
This estimated value is based upon the latest sale price for the house of £169,000 on 13 Apr 2006. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £169,000 | 13 Apr 2006 |
| £57,000 | 14 Nov 1997 |
| 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 April 2006 the House Price Index for WEST MIDLANDS was 84.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 74.585%.Applying this 74.585% change to the original purchase price of £169,000 results in an estimated price of approximately £295,049.
| 13 Apr 2006 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.8 | 148.0 | 74.585 % | £169,000 | £126,049 | £295,049 |
The Postcode Pricing Model uses changes in average sales price within the B73 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 | 157.383 % | £265,977 | £434,977 |
| 3 Month Average | 83.149 % | £140,521 | £309,521 |
| 6 Month Average | 69.166 % | £116,890 | £285,890 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £423,073 | £420,500 | 38 COLLEGE ROAD |
| 1 Feb 2023 | £388,164 | £390,000 | 404 JOCKEY ROAD |
| 4 Aug 2022 | £399,799 | £402,500 | 15 WELFORD ROAD |
| 29 Apr 2022 | £276,923 | £270,000 | 424 JOCKEY ROAD |
| 18 Mar 2022 | £369,484 | £358,000 | 71 WELFORD ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near College Road |
| Apr 2024 | Vehicle crime | Under investigation | On or near Welford Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Welford Road |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Stirling Road |
| Mar 2024 | Possession of weapons | Unable to prosecute suspect | On or near Stirling Road |