£833,487
This estimated value is based upon the latest sale price for the house of £225,000 on 17 Jul 2000. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £225,000 | 17 Jul 2000 |
| £151,000 | 10 Jul 1996 |
| 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 July 2000 the House Price Index for WEST MIDLANDS was 40.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 270.439%.Applying this 270.439% change to the original purchase price of £225,000 results in an estimated price of approximately £833,487.
| 17 Jul 2000 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.0 | 148.0 | 270.439 % | £225,000 | £608,487 | £833,487 |
The Postcode Pricing Model uses changes in average sales price within the B73 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 | 359.686 % | £809,293 | £1,034,293 |
| 3 Month Average | 233.358 % | £525,055 | £750,055 |
| 6 Month Average | 210.520 % | £473,670 | £698,670 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £443,190 | £437,500 | 15 HENLEY CLOSE |
| 11 Aug 2023 | £261,591 | £260,000 | 254B BIRMINGHAM ROAD |
| 14 Jul 2023 | £247,340 | £245,000 | FLAT 2 236 BIRMINGHAM ROAD |
| 28 Feb 2023 | £567,317 | £570,000 | 169 GREEN LANES |
| 22 Jul 2022 | £192,240 | £192,500 | FLAT 12 HOLLYHURST COURT, 224 BIRMINGHAM ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near The Gardens |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Gardens |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Henley Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Woodleigh Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Woodleigh Road |