£1,722,251
This estimated value is based upon the latest sale price for the house of £540,000 on 13 Nov 2001. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£540,000 | 13 Nov 2001 |
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 November 2001 the House Price Index for WEST MIDLANDS was 46.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 218.935%.Applying this 218.935% change to the original purchase price of £540,000 results in an estimated price of approximately £1,722,251.
13 Nov 2001 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
46.4 | 148.0 | 218.935 % | £540,000 | £1,182,251 | £1,722,251 |
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 | 135.437 % | £731,360 | £1,271,360 |
3 Month Average | 91.314 % | £493,096 | £1,033,096 |
6 Month Average | 160.727 % | £867,924 | £1,407,924 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Aug 2023 | £1,363,290 | £1,355,000 | 97 DORRIDGE ROAD |
3 Jul 2023 | £1,337,653 | £1,325,000 | 9 BUSHWOOD DRIVE |
31 Mar 2023 | £1,508,152 | £1,500,000 | 9 TEMPLE ROAD |
1 Mar 2023 | £678,668 | £675,000 | APARTMENT 2 THE WILLOWS, 37 AVENUE ROAD |
10 Feb 2023 | £995,293 | £1,000,000 | 8 WARREN DRIVE |
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Temple Road |
Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Spring Coppice Drive |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Foxbury Drive |
Mar 2024 | Violence and sexual offences | Under investigation | On or near The Copse |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Warren Drive |