£317,015
This estimated value is based upon the latest sale price for the house of £258,000 on 3 Jan 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £258,000 | 3 Jan 2020 |
| £164,000 | 24 Jan 2004 |
| £121,950 | 26 Apr 2002 |
| 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 January 2020 the House Price Index for WEST MIDLANDS was 121.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 22.874%.Applying this 22.874% change to the original purchase price of £258,000 results in an estimated price of approximately £317,015.
| 3 Jan 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 149.7 | 22.874 % | £258,000 | £59,015 | £317,015 |
The Postcode Pricing Model uses changes in average sales price within the B90 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 | 28.504 % | £73,540 | £331,540 |
| 3 Month Average | 14.276 % | £36,832 | £294,832 |
| 6 Month Average | 4.398 % | £11,346 | £269,346 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jun 2023 | £402,057 | £394,000 | 11 FINMERE WAY |
| 6 Jan 2023 | £686,835 | £685,000 | 29 STOCKLEY CRESCENT |
| 2 Nov 2022 | £275,711 | £277,000 | 8 FINMERE WAY |
| 31 Mar 2022 | £605,481 | £580,000 | 9 STOCKLEY CRESCENT |
| 24 Sep 2021 | £287,676 | £265,000 | 43 LAWNSWOOD AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other crime | Unable to prosecute suspect | On or near Finmere Way |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stockley Crescent |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Radbourne Road |
| Sep 2024 | Possession of weapons | Under investigation | On or near Bidford Close |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Bidford Close |