£253,029
This estimated value is based upon the latest sale price for the house of £227,000 on 22 Oct 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £227,000 | 22 Oct 2021 |
| 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 October 2021 the House Price Index for WEST MIDLANDS was 134.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 11.467%.Applying this 11.467% change to the original purchase price of £227,000 results in an estimated price of approximately £253,029.
| 22 Oct 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 149.7 | 11.467 % | £227,000 | £26,029 | £253,029 |
The Postcode Pricing Model uses changes in average sales price within the B76 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 | -8.609 % | £-19,542 | £207,457 |
| 3 Month Average | -1.822 % | £-4,135 | £222,864 |
| 6 Month Average | 7.268 % | £16,499 | £243,499 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jun 2024 | £395,000 | £395,000 | 17 LAWRENCE DRIVE |
| 13 Mar 2024 | £202,105 | £199,000 | 41 COTTAGE LANE |
| 13 Mar 2024 | £192,965 | £190,000 | 8 SUMMER LANE |
| 25 Oct 2023 | £369,390 | £361,000 | 11 HURST GREEN ROAD |
| 24 Oct 2023 | £317,204 | £310,000 | 20 HURST GREEN ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Wishaw Lane |
| Jul 2024 | Other theft | Under investigation | On or near Whitehead Drive |
| Apr 2024 | Anti-social behaviour | On or near Whitehead Drive | |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Whitehead Drive |
| Apr 2024 | Anti-social behaviour | On or near Whitehead Drive |