£220,210
This estimated value is based upon the latest sale price for the house of £138,500 on 28 May 2008. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £138,500 | 28 May 2008 |
| £119,000 | 25 Feb 2005 |
| £91,000 | 31 May 2002 |
| £73,000 | 21 Dec 2001 |
| 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 May 2008 the House Price Index for WEST MIDLANDS was 93.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.996%.Applying this 58.996% change to the original purchase price of £138,500 results in an estimated price of approximately £220,210.
| 28 May 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.5 | 148.6 | 58.996 % | £138,500 | £81,710 | £220,210 |
The Postcode Pricing Model uses changes in average sales price within the B62 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 | 39.917 % | £55,284 | £193,784 |
| 3 Month Average | 54.630 % | £75,662 | £214,162 |
| 6 Month Average | 65.360 % | £90,524 | £229,024 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Aug 2023 | £287,515 | £285,000 | 85 FAIRFIELD ROAD |
| 2 Aug 2023 | £214,375 | £212,500 | 115 NARROW LANE |
| 7 Mar 2023 | £252,378 | £250,000 | 11 CULMORE ROAD |
| 24 Feb 2023 | £274,815 | £275,000 | 3 FAIRFIELD ROAD |
| 28 Oct 2022 | £220,130 | £222,500 | 61 MASTERS LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Fairfield Drive |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kiniths Way |
| Feb 2024 | Anti-social behaviour | On or near Kiniths Way | |
| Feb 2024 | Anti-social behaviour | On or near Kiniths Way | |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Fairfield Grove |