£46,367
This estimated value is based upon the latest sale price for the house of £45,500 on 14 Apr 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £45,500 | 14 Apr 2023 |
| £33,000 | 6 Nov 1998 |
| 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 April 2023 the House Price Index for WEST MIDLANDS was 146.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.906%.Applying this 1.906% change to the original purchase price of £45,500 results in an estimated price of approximately £46,367.
| 14 Apr 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.9 | 149.7 | 1.906 % | £45,500 | £867 | £46,367 |
The Postcode Pricing Model uses changes in average sales price within the B7 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 | 5.991 % | £2,725 | £48,225 |
| 3 Month Average | -27.052 % | £-12,308 | £33,191 |
| 6 Month Average | -28.409 % | £-12,926 | £32,573 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Oct 2023 | £206,694 | £202,000 | 54 LINGARD CLOSE |
| 13 Sep 2023 | £178,945 | £175,000 | 7 FOWLER STREET |
| 8 Sep 2023 | £184,057 | £180,000 | 1 FOWLER STREET |
| 20 Apr 2023 | £117,192 | £115,000 | 79 BLOOMSBURY WALK |
| 14 Apr 2023 | £46,367 | £45,500 | 260 ROCKY LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Possession of weapons | Offender given a caution | On or near Charles Drive |
| Oct 2024 | Robbery | Under investigation | On or near Charles Drive |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Charles Drive |
| Sep 2024 | Other theft | Unable to prosecute suspect | On or near Charles Drive |
| Sep 2024 | Anti-social behaviour | On or near Charles Drive |