£1,164,981
This estimated value is based upon the latest sale price for the house of £875,000 on 9 Aug 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £875,000 | 9 Aug 2016 |
| 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 August 2016 the House Price Index for WEST MIDLANDS was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.141%.Applying this 33.141% change to the original purchase price of £875,000 results in an estimated price of approximately £1,164,981.
| 9 Aug 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.141 % | £875,000 | £289,981 | £1,164,981 |
The Postcode Pricing Model uses changes in average sales price within the B93 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 | -26.644 % | £-233,136 | £641,863 |
| 3 Month Average | 29.405 % | £257,297 | £1,132,297 |
| 6 Month Average | 32.822 % | £287,191 | £1,162,191 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Jul 2023 | £1,343,076 | £1,325,000 | 9 BUSHWOOD DRIVE |
| 9 Jun 2023 | £627,602 | £620,000 | 4 MIDDLEFIELD AVENUE |
| 1 Mar 2023 | £1,968,546 | £1,950,000 | BLUE LAKE HOUSE, 63 KNOWLE WOOD ROAD |
| 29 Jul 2022 | £772,078 | £770,000 | 38 GROVE ROAD |
| 18 Jul 2022 | £596,606 | £595,000 | 2 BARTON DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Foxbury Drive |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Spring Coppice Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Temple Road |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Temple Road |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Warren Drive |