£117,510
This estimated value is based upon the latest sale price for the house of £20,787 on 28 Jul 1995. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £20,787 | 28 Jul 1995 |
| 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 July 1995 the House Price Index for WEST MIDLANDS was 26.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 465.309%.Applying this 465.309% change to the original purchase price of £20,787 results in an estimated price of approximately £117,510.
| 28 Jul 1995 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.3 | 148.6 | 465.309 % | £20,787 | £96,723 | £117,510 |
The Postcode Pricing Model uses changes in average sales price within the B23 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 | 310.877 % | £64,621 | £85,408 |
| 3 Month Average | 310.661 % | £64,577 | £85,364 |
| 6 Month Average | 274.154 % | £56,988 | £77,775 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £132,315 | £130,000 | 26 GRAVELLY LANE |
| 3 Feb 2023 | £182,377 | £182,500 | 9 GRAVELLY LANE |
| 27 May 2022 | £81,536 | £80,000 | FLAT 3 LECANVEY, 132 SUMMER ROAD |
| 16 May 2022 | £157,977 | £155,000 | 41 GRAVELLY LANE |
| 14 Apr 2022 | £113,278 | £110,000 | 195 SUMMER ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Mona Road |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Mona Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mona Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Mona Road |
| Mar 2024 | Criminal damage and arson | Offender given a caution | On or near Mona Road |