£235,548
This estimated value is based upon the latest sale price for the house of £195,000 on 27 Aug 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £195,000 | 27 Aug 2020 |
| Terraced |
| 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 August 2020 the House Price Index for WEST MIDLANDS was 123.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 20.794%.Applying this 20.794% change to the original purchase price of £195,000 results in an estimated price of approximately £235,548.
| 27 Aug 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 149.7 | 20.794 % | £195,000 | £40,548 | £235,548 |
The Postcode Pricing Model uses changes in average sales price within the B30 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 | -8.958 % | £-17,467 | £177,532 |
| 3 Month Average | 11.732 % | £22,876 | £217,876 |
| 6 Month Average | 18.776 % | £36,614 | £231,614 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Oct 2024 | £175,000 | £175,000 | 9 WINDSOR ROAD |
| 23 Apr 2024 | £151,314 | £150,000 | UNIT 14 PERSHORE ROAD |
| 7 Nov 2023 | £244,199 | £238,000 | 1564 PERSHORE ROAD |
| 14 Sep 2023 | £230,072 | £225,000 | 50 FORDHOUSE LANE |
| 16 Jun 2023 | £158,170 | £155,000 | 13 WINDSOR ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Oakley Road | |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Oakley Road |
| Aug 2024 | Anti-social behaviour | On or near Oakley Road | |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oakley Road |
| Oct 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Windsor Road |