£156,698
This estimated value is based upon the latest sale price for the house of £90,000 on 18 Dec 2009. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £90,000 | 18 Dec 2009 |
| £144,000 | 24 Nov 2004 |
| 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 December 2009 the House Price Index for WEST MIDLANDS was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.109%.Applying this 74.109% change to the original purchase price of £90,000 results in an estimated price of approximately £156,698.
| 18 Dec 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 74.109 % | £90,000 | £66,698 | £156,698 |
The Postcode Pricing Model uses changes in average sales price within the WV4 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 | 38.923 % | £35,030 | £125,030 |
| 3 Month Average | 69.385 % | £62,446 | £152,446 |
| 6 Month Average | 49.510 % | £44,558 | £134,558 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Apr 2023 | £280,242 | £275,000 | 24 BIRMINGHAM NEW ROAD |
| 29 Mar 2023 | £1,525,476 | £1,500,000 | SCOTTS GARAGE BIRMINGHAM NEW ROAD |
| 10 Mar 2023 | £167,802 | £165,000 | 22 VERONICA AVENUE |
| 5 Jan 2023 | £182,488 | £182,000 | 56 BIRMINGHAM NEW ROAD |
| 17 Dec 2021 | £210,465 | £195,000 | 2 VERONICA AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other crime | Awaiting court outcome | On or near The Grove |
| Jul 2024 | Possession of weapons | Awaiting court outcome | On or near The Grove |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Olive Avenue |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Buller Street |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Buller Street |