£279,609
This estimated value is based upon the latest sale price for the house of £225,000 on 18 Dec 2018. 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 | 18 Dec 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 December 2018 the House Price Index for WEST MIDLANDS was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.271%.Applying this 24.271% change to the original purchase price of £225,000 results in an estimated price of approximately £279,609.
| 18 Dec 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.271 % | £225,000 | £54,609 | £279,609 |
The Postcode Pricing Model uses changes in average sales price within the B31 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 | 28.908 % | £65,043 | £290,043 |
| 3 Month Average | 37.117 % | £83,514 | £308,514 |
| 6 Month Average | 32.990 % | £74,228 | £299,228 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Jun 2024 | £182,000 | £182,000 | 30 TORRE AVENUE |
| 24 Apr 2024 | £348,022 | £345,000 | 52 CHELSTON ROAD |
| 1 Dec 2023 | £350,779 | £340,000 | 29 TORRE AVENUE |
| 3 Nov 2023 | £143,646 | £140,000 | APARTMENT 1 MORRIS HOUSE, 1 SCHOOL CLOSE |
| 2 Oct 2023 | £424,645 | £415,000 | 17 TORRE AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Meadow Gate |
| Jul 2024 | Other crime | Unable to prosecute suspect | On or near Meadow Gate |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Meadow Gate |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Meadow Gate |
| Jun 2024 | Anti-social behaviour | On or near Meadow Gate |