£713,693
This estimated value is based upon the latest sale price for the house of £320,000 on 31 Oct 2003. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £320,000 | 31 Oct 2003 |
| £195,000 | 3 Dec 1999 |
| 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 October 2003 the House Price Index for WEST MIDLANDS was 66.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 123.029%.Applying this 123.029% change to the original purchase price of £320,000 results in an estimated price of approximately £713,693.
| 31 Oct 2003 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 66.4 | 148.0 | 123.029 % | £320,000 | £393,693 | £713,693 |
The Postcode Pricing Model uses changes in average sales price within the B94 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 | 60.929 % | £194,972 | £514,972 |
| 3 Month Average | 69.256 % | £221,620 | £541,620 |
| 6 Month Average | 93.792 % | £300,133 | £620,133 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £251,763 | £247,000 | 10 SPRING LANE |
| 4 Oct 2022 | £221,704 | £225,000 | 26 SPRING LANE |
| 28 Jun 2022 | £535,427 | £530,000 | 12 MUNTZ CRESCENT |
| 24 Jun 2022 | £493,502 | £488,500 | 64 ORCHARD ROAD |
| 15 Jun 2022 | £416,724 | £412,500 | 94 ORCHARD ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lindhurst Drive |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Blackberry Avenue |
| Feb 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Belton Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Belton Close |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Belton Close |