£175,036
This estimated value is based upon the latest sale price for the house of £85,000 on 5 Apr 2004. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £85,000 | 5 Apr 2004 |
| £46,000 | 23 Nov 2000 |
| £44,000 | 27 Oct 1997 |
| £38,000 | 19 Jul 1996 |
| Flats/Maisonettes |
| Leasehold |
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 April 2004 the House Price Index for WEST MIDLANDS was 72.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 105.925%.Applying this 105.925% change to the original purchase price of £85,000 results in an estimated price of approximately £175,036.
| 5 Apr 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 72.7 | 149.7 | 105.925 % | £85,000 | £90,036 | £175,036 |
The Postcode Pricing Model uses changes in average sales price within the B29 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 | 97.894 % | £83,210 | £168,210 |
| 3 Month Average | 98.749 % | £83,936 | £168,936 |
| 6 Month Average | 101.391 % | £86,182 | £171,182 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £294,035 | £285,000 | 134 LODGE HILL ROAD |
| 24 Feb 2023 | £276,849 | £275,000 | 54 WELLMAN CROFT |
| 17 Feb 2023 | £16,359 | £16,250 | 70 WELLMAN CROFT |
| 7 Apr 2022 | £248,981 | £240,000 | 131 WELLMAN CROFT |
| 12 Jan 2022 | £291,555 | £275,000 | 21 GOSS CROFT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Goss Croft |
| Aug 2024 | Anti-social behaviour | On or near Goss Croft | |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lodge Hill Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lodge Hill Road |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Lodge Hill Road |