£1,795,511
This estimated value is based upon the latest sale price for the house of £293,000 on 18 Sep 2024. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £293,000 | 18 Sep 2024 |
| 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 September 2024 the House Price Index for WEST MIDLANDS was 24.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 512.803%.Applying this 512.803% change to the original purchase price of £293,000 results in an estimated price of approximately £1,795,511.
| 18 Sep 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 149.7 | 512.803 % | £293,000 | £1,502,511 | £1,795,511 |
The Postcode Pricing Model uses changes in average sales price within the B91 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 | -46.823 % | £-137,192 | £155,807 |
| 3 Month Average | -15.279 % | £-44,766 | £248,233 |
| 6 Month Average | -0.248 % | £-727 | £292,272 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Sep 2024 | £293,000 | £293,000 | 28 REDLANDS ROAD |
| 22 Mar 2024 | £304,681 | £300,000 | 55 REDLANDS ROAD |
| 1 Nov 2023 | £271,902 | £265,000 | 70 HERMITAGE ROAD |
| 12 Oct 2023 | £285,484 | £279,000 | 13 GROVE AVENUE |
| 3 Mar 2023 | £345,774 | £340,000 | 15 ORCHARD AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Orchard Avenue |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hermitage Road |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hermitage Road |
| Aug 2024 | Anti-social behaviour | On or near Hermitage Road | |
| Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Hermitage Road |