£306,204
This estimated value is based upon the latest sale price for the house of £301,500 on 25 Mar 2024. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £301,500 | 25 Mar 2024 |
| £275,000 | 29 Jul 2021 |
| £74,500 | 2 Dec 1996 |
| Semi-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 March 2024 the House Price Index for WEST MIDLANDS was 147.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.560%.Applying this 1.560% change to the original purchase price of £301,500 results in an estimated price of approximately £306,204.
| 25 Mar 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.4 | 149.7 | 1.560 % | £301,500 | £4,704 | £306,204 |
The Postcode Pricing Model uses changes in average sales price within the B92 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 | 32.749 % | £98,736 | £400,236 |
| 3 Month Average | 6.588 % | £19,861 | £321,361 |
| 6 Month Average | -2.150 % | £-6,481 | £295,018 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £165,000 | £165,000 | 5 CASTLE CLOSE |
| 25 Mar 2024 | £306,205 | £301,500 | 275 CASTLE LANE |
| 15 Nov 2023 | £310,892 | £303,000 | 259 CASTLE LANE |
| 14 Sep 2023 | £319,544 | £312,500 | 19 HOBS MOAT ROAD |
| 25 Aug 2023 | £261,720 | £257,000 | 9 CASTLE CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Castle Close |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Castle Close |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Castle Close |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Castle Close |
| Jun 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Castle Close |