£408,220
This estimated value is based upon the latest sale price for the house of £300,000 on 29 Mar 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£300,000 | 29 Mar 2016 |
£240,000 | 30 Nov 2012 |
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 March 2016 the House Price Index for WEST MIDLANDS was 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £300,000 results in an estimated price of approximately £408,220.
29 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.0 | 149.7 | 36.074 % | £300,000 | £108,220 | £408,220 |
The Postcode Pricing Model uses changes in average sales price within the B63 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 | 28.048 % | £84,142 | £384,142 |
3 Month Average | 35.799 % | £107,396 | £407,396 |
6 Month Average | 38.906 % | £116,717 | £416,717 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Oct 2023 | £282,414 | £276,000 | 25 LONG MYND |
29 Sep 2023 | £289,379 | £283,000 | 8 LONG MYND |
30 Jun 2023 | £211,743 | £207,500 | 29 MENDIP ROAD |
12 Sep 2022 | £314,790 | £315,000 | 29 FOXLEA ROAD |
4 Apr 2022 | £508,337 | £490,000 | 67 HAGLEY ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Long Mynd |
Aug 2024 | Drugs | Local resolution | On or near Long Mynd |
Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Spring Walk |
Oct 2024 | Other crime | Investigation complete; no suspect identified | On or near Spring Walk |
Oct 2024 | Anti-social behaviour | On or near Spring Walk |