£182,805
This estimated value is based upon the latest sale price for the house of £140,000 on 30 Mar 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £140,000 | 30 Mar 2017 |
| £54,950 | 2 Feb 1999 |
| Semi-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 2017 the House Price Index for WEST MIDLANDS was 114.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.575%.Applying this 30.575% change to the original purchase price of £140,000 results in an estimated price of approximately £182,805.
| 30 Mar 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 149.7 | 30.575 % | £140,000 | £42,805 | £182,805 |
The Postcode Pricing Model uses changes in average sales price within the B26 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 | 53.228 % | £74,519 | £214,519 |
| 3 Month Average | 41.964 % | £58,749 | £198,749 |
| 6 Month Average | 44.039 % | £61,654 | £201,654 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Mar 2024 | £208,199 | £205,000 | 82 CARNFORD ROAD |
| 10 Nov 2023 | £230,860 | £225,000 | 106 COMMON LANE |
| 8 Mar 2023 | £167,802 | £165,000 | 28 CARNFORD ROAD |
| 6 Jan 2023 | £173,463 | £173,000 | 5 WESTLEY BROOK CLOSE |
| 24 Jun 2022 | £235,024 | £230,000 | 112 COMMON LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Merlin Grove |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Merlin Grove |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Merlin Grove |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Merlin Grove |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Merlin Grove |