£683,687
This estimated value is based upon the latest sale price for the house of £133,500 on 27 Jun 1997. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£133,500 | 27 Jun 1997 |
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 June 1997 the House Price Index for WEST MIDLANDS was 29.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 412.126%.Applying this 412.126% change to the original purchase price of £133,500 results in an estimated price of approximately £683,687.
27 Jun 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
29.0 | 148.6 | 412.126 % | £133,500 | £550,187 | £683,687 |
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 | 280.049 % | £373,865 | £507,365 |
3 Month Average | 303.611 % | £405,320 | £538,820 |
6 Month Average | 350.819 % | £468,342 | £601,842 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Feb 2023 | £474,681 | £475,000 | 4 WELBECK CLOSE |
4 Aug 2022 | £324,128 | £325,000 | 80 SHENSTONE VALLEY ROAD |
14 Jun 2022 | £6,593,175 | £6,500,000 | GOWER GARDENS RESIDENTIAL CARE HOME, 31 KENT ROAD |
23 Oct 2020 | £568,945 | £485,000 | 79 KENT ROAD |
22 Jun 2020 | £211,928 | £175,000 | 26 HIGHLAND RIDGE |
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Highland Ridge |
Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Welbeck Close |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Welbeck Close |
Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Welbeck Close |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shenstone Valley Road |