£277,833
This estimated value is based upon the latest sale price for the house of £110,000 on 18 Dec 2002. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £110,000 | 18 Dec 2002 |
| £38,000 | 30 Nov 1998 |
| 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 December 2002 the House Price Index for WEST MIDLANDS was 58.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 152.576%.Applying this 152.576% change to the original purchase price of £110,000 results in an estimated price of approximately £277,833.
| 18 Dec 2002 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 58.6 | 148.0 | 152.576 % | £110,000 | £167,833 | £277,833 |
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 | 138.765 % | £152,641 | £262,641 |
| 3 Month Average | 120.676 % | £132,743 | £242,743 |
| 6 Month Average | 150.254 % | £165,279 | £275,279 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Aug 2023 | £231,407 | £230,000 | 10 NEWLANDS DRIVE |
| 7 Jun 2023 | £86,703 | £86,000 | 243 LONG LANE |
| 30 Jan 2023 | £243,858 | £246,000 | 16A LYTTLETON AVENUE |
| 23 Jan 2023 | £137,790 | £139,000 | 261 LONG LANE |
| 28 Oct 2022 | £229,095 | £232,500 | 3 FELDON LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lyttleton Avenue |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Springfield Drive |
| Apr 2024 | Vehicle crime | Under investigation | On or near Springfield Drive |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Springfield Drive |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hill Top Avenue |