£1,042,942
This estimated value is based upon the latest sale price for the house of £845,000 on 17 Jul 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £845,000 | 17 Jul 2018 |
| £499,950 | 12 Jul 2012 |
| 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 July 2018 the House Price Index for WEST MIDLANDS was 119.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.425%.Applying this 23.425% change to the original purchase price of £845,000 results in an estimated price of approximately £1,042,942.
| 17 Jul 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 148.0 | 23.425 % | £845,000 | £197,942 | £1,042,942 |
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 | -44.995 % | £-380,208 | £464,791 |
| 3 Month Average | -34.382 % | £-290,528 | £554,471 |
| 6 Month Average | 13.656 % | £115,395 | £960,395 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £356,749 | £350,000 | APARTMENT 3 1300 WARWICK ROAD |
| 15 Dec 2023 | £815,427 | £800,000 | 25 BROADFERN ROAD |
| 12 Dec 2023 | £1,242,507 | £1,219,000 | 35 BROADFERN ROAD |
| 15 Aug 2022 | £337,718 | £340,000 | 3 COPT HEATH CROFT |
| 30 Jun 2022 | £469,761 | £465,000 | 17A COPT HEATH CROFT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Broadfern Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Copt Heath Croft |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Copt Heath Croft |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Langfield Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Langfield Road |