£557,236
This estimated value is based upon the latest sale price for the house of £440,000 on 8 Dec 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £440,000 | 8 Dec 2017 |
| £247,500 | 14 Dec 2001 |
| 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 December 2017 the House Price Index for WEST MIDLANDS was 118.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.645%.Applying this 26.645% change to the original purchase price of £440,000 results in an estimated price of approximately £557,236.
| 8 Dec 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 149.7 | 26.645 % | £440,000 | £117,236 | £557,236 |
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 | -2.140 % | £-9,416 | £430,583 |
| 3 Month Average | 9.955 % | £43,803 | £483,803 |
| 6 Month Average | 24.326 % | £107,032 | £547,032 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Mar 2024 | £472,256 | £465,000 | 4 ARDEN DRIVE |
| 15 Nov 2023 | £492,502 | £480,000 | 21 ARDEN DRIVE |
| 8 Nov 2023 | £543,804 | £530,000 | 10 ARDEN DRIVE |
| 28 Sep 2023 | £424,355 | £415,000 | 141 GREEN LANES |
| 1 Jun 2023 | £418,384 | £410,000 | 5 ARDEN DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Boulevard |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Green Lanes |
| Jun 2024 | Public order | Under investigation | On or near Cambridge Avenue |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cambridge Avenue |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cambridge Avenue |