£159,767
This estimated value is based upon the latest sale price for the house of £87,500 on 7 Nov 2005. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £87,500 | 7 Nov 2005 |
| 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 November 2005 the House Price Index for WEST MIDLANDS was 82.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 82.592%.Applying this 82.592% change to the original purchase price of £87,500 results in an estimated price of approximately £159,767.
| 7 Nov 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.0 | 149.7 | 82.592 % | £87,500 | £72,267 | £159,767 |
The Postcode Pricing Model uses changes in average sales price within the B70 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 | 52.587 % | £46,013 | £133,513 |
| 3 Month Average | 65.942 % | £57,699 | £145,199 |
| 6 Month Average | 83.591 % | £73,142 | £160,642 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Apr 2024 | £97,850 | £97,000 | FLAT 24 BOWATER HOUSE MOOR STREET |
| 18 Aug 2023 | £139,516 | £137,000 | 23 OSBORNE ROAD |
| 27 Jan 2023 | £175,469 | £175,000 | 30 BOWATER STREET |
| 23 May 2022 | £236,152 | £230,000 | 2 RICHARD STREET SOUTH |
| 26 Apr 2022 | £141,089 | £136,000 | 22 OSBORNE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Public order | Under investigation | On or near Osborne Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Osborne Road |
| Aug 2024 | Other crime | Under investigation | On or near Osborne Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Osborne Road |
| Sep 2024 | Violence and sexual offences | On or near West Bromwich Town Hall (Tram Stop) |