£196,366
This estimated value is based upon the latest sale price for the house of £160,000 on 28 Nov 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £160,000 | 28 Nov 2018 |
| £117,000 | 16 Sep 2005 |
| £55,000 | 19 Oct 1999 |
| 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 November 2018 the House Price Index for WEST MIDLANDS was 120.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.729%.Applying this 22.729% change to the original purchase price of £160,000 results in an estimated price of approximately £196,366.
| 28 Nov 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.0 | 22.729 % | £160,000 | £36,366 | £196,366 |
The Postcode Pricing Model uses changes in average sales price within the B11 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 | 47.575 % | £76,120 | £236,120 |
| 3 Month Average | -1.237 % | £-1,979 | £158,020 |
| 6 Month Average | 7.557 % | £12,091 | £172,091 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Mar 2023 | £552,989 | £550,000 | MAJESTIC TOWELS MOLE STREET |
| 17 Mar 2023 | £980,299 | £975,000 | STARTFORD ROAD BAPTIST CHURCH STRATFORD ROAD |
| 3 Oct 2022 | £128,096 | £130,000 | 25 GLADSTONE ROAD |
| 17 Sep 2021 | £273,677 | £255,000 | 252 STRATFORD ROAD |
| 23 Jul 2021 | £526,527 | £460,000 | 369 STRATFORD ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Drugs | Unable to prosecute suspect | On or near Palmerston Road |
| Apr 2024 | Robbery | Investigation complete; no suspect identified | On or near Palmerston Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Palmerston Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Palmerston Road |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Palmerston Road |