£137,952
This estimated value is based upon the latest sale price for the house of £50,500 on 8 Aug 2002. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £50,500 | 8 Aug 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 56 sq meters or 602 sq feet |
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 2002 the House Price Index for WEST MIDLANDS was 54.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 173.173%.Applying this 173.173% change to the original purchase price of £50,500 results in an estimated price of approximately £137,952.
| 8 Aug 2002 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 54.2 | 148.0 | 173.173 % | £50,500 | £87,452 | £137,952 |
The Postcode Pricing Model uses changes in average sales price within the B64 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 | 145.233 % | £73,342 | £123,842 |
| 3 Month Average | 131.671 % | £66,494 | £116,994 |
| 6 Month Average | 166.412 % | £84,037 | £134,537 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £79,268 | £79,000 | 14 VICTORIA GARDENS |
| 30 Aug 2023 | £140,857 | £140,000 | FLAT 3 HALAS COURT HALESOWEN ROAD |
| 17 Mar 2023 | £123,668 | £123,000 | 33 HALESOWEN ROAD |
| 12 Sep 2022 | £296,395 | £300,000 | 9 FOREST DRIVE |
| 6 Jun 2022 | £157,597 | £156,000 | 4 BELLFARM MEWS |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 22 May 2019. Using an estimated price of £137,952 means this house is valued at £2,463 per sq meter (£228 per sq foot).
The average size of a house on VICTORIA GARDENS is 55 sq meters (594 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Victoria Gardens |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ashtree Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ashtree Road |
| Jan 2024 | Other crime | Under investigation | On or near Forest Drive |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Forest Drive |