£95,432
This estimated value is based upon the latest sale price for the house of £92,500 on 20 Dec 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £92,500 | 20 Dec 2023 |
| Flats/Maisonettes |
| 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 2023 the House Price Index for WEST MIDLANDS was 145.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.170%.Applying this 3.170% change to the original purchase price of £92,500 results in an estimated price of approximately £95,432.
| 20 Dec 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.1 | 149.7 | 3.170 % | £92,500 | £2,932 | £95,432 |
The Postcode Pricing Model uses changes in average sales price within the B27 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 | 18.203 % | £16,837 | £109,337 |
| 3 Month Average | 3.714 % | £3,435 | £95,935 |
| 6 Month Average | -1.435 % | £-1,327 | £91,172 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £95,432 | £92,500 | FLAT 1 22 TAVISTOCK ROAD |
| 8 Nov 2023 | £143,646 | £140,000 | 17 WILCOTE GROVE |
| 13 Oct 2023 | £343,809 | £336,000 | 3 ROYDON ROAD |
| 16 Jun 2022 | £204,369 | £200,000 | 257 GOSPEL LANE |
| 27 May 2022 | £203,810 | £198,500 | 17 GAYLE GROVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Under investigation | On or near Gospel Lane |
| Oct 2024 | Vehicle crime | Unable to prosecute suspect | On or near Gospel Lane |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Gayle Grove |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gospel Lane |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Gayle Grove |