£452,114
This estimated value is based upon the latest sale price for the house of £450,000 on 19 Aug 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £450,000 | 19 Aug 2022 |
| £1,000,000 | 10 Feb 2021 |
| 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 August 2022 the House Price Index for WEST MIDLANDS was 149.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.470%.Applying this 0.470% change to the original purchase price of £450,000 results in an estimated price of approximately £452,114.
| 19 Aug 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 149.7 | 0.470 % | £450,000 | £2,114 | £452,114 |
The Postcode Pricing Model uses changes in average sales price within the B72 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 | -55.812 % | £-251,152 | £198,847 |
| 3 Month Average | -5.893 % | £-26,517 | £423,482 |
| 6 Month Average | 7.224 % | £32,510 | £482,510 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £62,934 | £61,000 | FLAT 48 TUDOR COURT, 2 MIDLAND DRIVE |
| 30 Nov 2023 | £451,460 | £440,000 | 5 MIDLAND DRIVE |
| 21 Jun 2023 | £239,806 | £235,000 | APARTMENT 1 BANK HOUSE, 10 WESTHAVEN ROAD |
| 21 Jun 2023 | £250,010 | £245,000 | APARTMENT 5 BANK HOUSE, 10 WESTHAVEN ROAD |
| 13 Mar 2023 | £147,463 | £145,000 | ACORN HOUSE, 22 HIGH STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Westhaven Road |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Westhaven Road |
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Westhaven Road |
| May 2024 | Anti-social behaviour | On or near Midland Drive | |
| May 2024 | Anti-social behaviour | On or near Midland Drive |