£175,441
This estimated value is based upon the latest sale price for the house of £140,000 on 18 Jun 2018. 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 | 18 Jun 2018 |
| £54,000 | 18 Jun 2018 |
| 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 June 2018 the House Price Index for WEST MIDLANDS was 119.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.315%.Applying this 25.315% change to the original purchase price of £140,000 results in an estimated price of approximately £175,441.
| 18 Jun 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 149.7 | 25.315 % | £140,000 | £35,441 | £175,441 |
The Postcode Pricing Model uses changes in average sales price within the B42 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 | -1.043 % | £-1,459 | £138,540 |
| 3 Month Average | 13.609 % | £19,052 | £159,052 |
| 6 Month Average | 23.191 % | £32,468 | £172,468 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Jun 2023 | £216,335 | £212,000 | 49 MONSAL ROAD |
| 14 Feb 2023 | £231,547 | £230,000 | 152 BEECHES ROAD |
| 17 Jan 2023 | £196,525 | £196,000 | 7 THORNBRIDGE AVENUE |
| 2 Nov 2022 | £189,116 | £190,000 | 39 THORNBRIDGE AVENUE |
| 8 Apr 2022 | £223,046 | £215,000 | 17 TURNBERRY ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Under investigation | On or near Petrol Station |
| Sep 2024 | Possession of weapons | Under investigation | On or near Petrol Station |
| Sep 2024 | Other theft | Under investigation | On or near Petrol Station |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Petrol Station |
| Jul 2024 | Criminal damage and arson | Local resolution | On or near Petrol Station |