£543,839
This estimated value is based upon the latest sale price for the house of £157,500 on 29 May 2001. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £157,500 | 29 May 2001 |
| 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 May 2001 the House Price Index for WEST MIDLANDS was 43.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 245.295%.Applying this 245.295% change to the original purchase price of £157,500 results in an estimated price of approximately £543,839.
| 29 May 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 43.4 | 149.7 | 245.295 % | £157,500 | £386,339 | £543,839 |
The Postcode Pricing Model uses changes in average sales price within the B21 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 | 376.206 % | £592,524 | £750,024 |
| 3 Month Average | 413.281 % | £650,918 | £808,418 |
| 6 Month Average | 448.929 % | £707,063 | £864,563 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £90,000 | £90,000 | 3 IVY ROAD |
| 7 Jun 2023 | £265,317 | £260,000 | 1 PIERS ROAD |
| 13 Apr 2023 | £315,909 | £310,000 | 17 SOHO ROAD |
| 21 Jun 2022 | £183,932 | £180,000 | 16 IVY ROAD |
| 6 Apr 2022 | £228,233 | £220,000 | 12 LANSDOWNE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Michael'S Road |
| Sep 2024 | Anti-social behaviour | On or near St Michael'S Road | |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Michael'S Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Michael'S Road |
| Sep 2024 | Anti-social behaviour | On or near St Michael'S Road |