£464,434
This estimated value is based upon the latest sale price for the house of £112,000 on 15 Oct 1999. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £112,000 | 15 Oct 1999 |
| 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 October 1999 the House Price Index for WEST MIDLANDS was 35.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 314.674%.Applying this 314.674% change to the original purchase price of £112,000 results in an estimated price of approximately £464,434.
| 15 Oct 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 35.8 | 148.6 | 314.674 % | £112,000 | £352,434 | £464,434 |
The Postcode Pricing Model uses changes in average sales price within the B62 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 | 221.194 % | £247,737 | £359,737 |
| 3 Month Average | 247.546 % | £277,251 | £389,251 |
| 6 Month Average | 278.800 % | £312,256 | £424,256 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Aug 2023 | £337,957 | £335,000 | 52 NEWLANDS DRIVE |
| 14 Jul 2023 | £299,025 | £295,000 | 35 NEWLANDS DRIVE |
| 17 Feb 2023 | £314,788 | £315,000 | 40 FELDON LANE |
| 25 Nov 2022 | £276,649 | £280,000 | 30 NARROW LANE |
| 25 Feb 2022 | £277,904 | £265,000 | 96 LYTTLETON AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other crime | Unable to prosecute suspect | On or near Newlands Drive |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Narrow Lane |
| Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near Narrow Lane |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Garland Crescent |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Garland Crescent |