£372,898
This estimated value is based upon the latest sale price for the house of £345,000 on 22 Jun 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£345,000 | 22 Jun 2021 |
£304,000 | 3 Feb 2017 |
£205,000 | 15 Dec 2005 |
£119,950 | 7 Jul 2000 |
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 June 2021 the House Price Index for WEST MIDLANDS was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £345,000 results in an estimated price of approximately £372,898.
22 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.5 | 149.7 | 8.087 % | £345,000 | £27,898 | £372,898 |
The Postcode Pricing Model uses changes in average sales price within the B93 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 | -2.530 % | £-8,729 | £336,270 |
3 Month Average | -7.327 % | £-25,279 | £319,720 |
6 Month Average | -11.338 % | £-39,115 | £305,884 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Apr 2024 | £252,190 | £250,000 | FLAT 4 CLAREMONT HOUSE, 15 POPLAR ROAD |
21 Dec 2023 | £376,571 | £365,000 | 27 POPLAR ROAD |
15 Sep 2023 | £306,762 | £300,000 | FLAT 9 ROSEMONT HOUSE 15A POPLAR ROAD |
31 Aug 2023 | £1,069,286 | £1,050,000 | CARETAKERS FLAT OAKFIELD HOUSE, 478 STATION ROAD |
3 Apr 2023 | £591,055 | £580,000 | 11 COPSTONE DRIVE |
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Vehicle crime | Unable to prosecute suspect | On or near Copstone Drive |
Jul 2024 | Bicycle theft | Awaiting court outcome | On or near Forest Road |
Jul 2024 | Public order | Under investigation | On or near Forest Road |
Jul 2024 | Shoplifting | Awaiting court outcome | On or near Forest Road |
Jul 2024 | Public order | Unable to prosecute suspect | On or near Forest Road |