£746,266
This estimated value is based upon the latest sale price for the house of £440,000 on 7 Sep 2012. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £440,000 | 7 Sep 2012 |
| 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 2012 the House Price Index for WEST MIDLANDS was 87.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 69.606%.Applying this 69.606% change to the original purchase price of £440,000 results in an estimated price of approximately £746,266.
| 7 Sep 2012 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 148.0 | 69.606 % | £440,000 | £306,266 | £746,266 |
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 | 15.744 % | £69,272 | £509,272 |
| 3 Month Average | 6.065 % | £26,684 | £466,684 |
| 6 Month Average | 56.465 % | £248,445 | £688,445 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Jul 2023 | £514,870 | £510,000 | 60 WILLOWBANK ROAD |
| 2 Sep 2022 | £440,641 | £446,000 | 29 NEEDHILL CLOSE |
| 2 Sep 2022 | £741,976 | £751,000 | 15 WILLOWBANK ROAD |
| 6 May 2022 | £614,129 | £605,000 | 19 POOL END CLOSE |
| 23 Feb 2022 | £665,843 | £637,500 | 12 MONTSFORD CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Willow Bank Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Willow Bank Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Westerham Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Culverley Crescent |
| Mar 2024 | Burglary | Under investigation | On or near Moorfield Avenue |