£361,209
This estimated value is based upon the latest sale price for the house of £335,200 on 3 Sep 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £335,200 | 3 Sep 2021 |
| £232,000 | 15 Jan 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 133 sq meters or 1,431 sq feet |
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 September 2021 the House Price Index for WEST MIDLANDS was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £335,200 results in an estimated price of approximately £361,209.
| 3 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.6 | 7.759 % | £335,200 | £26,009 | £361,209 |
The Postcode Pricing Model uses changes in average sales price within the B71 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 | -42.075 % | £-141,034 | £194,165 |
| 3 Month Average | 2.097 % | £7,027 | £342,227 |
| 6 Month Average | 3.818 % | £12,799 | £347,999 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £122,137 | £120,000 | 5 SIMON CLOSE |
| 23 Jun 2023 | £237,881 | £235,000 | 7A CHARLEMONT ROAD |
| 4 Apr 2023 | £308,320 | £305,000 | 4 BUSTLEHOLME LANE |
| 17 Mar 2023 | £262,473 | £260,000 | 32 BUSTLEHOLME LANE |
| 10 Feb 2023 | £199,866 | £200,000 | 281 WALSALL ROAD |
This house has a floor area of 133 sq meters or 1,431 sq feet when measured on 16 May 2013. Using an estimated price of £361,209 means this house is valued at £2,715 per sq meter (£252 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Jervoise Lane |
| Mar 2024 | Shoplifting | Unable to prosecute suspect | On or near Petrol Station |
| Mar 2024 | Shoplifting | Under investigation | On or near Petrol Station |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Petrol Station |
| Mar 2024 | Anti-social behaviour | On or near Petrol Station |