£353,100
This estimated value is based upon the latest sale price for the house of £224,000 on 25 Jul 2007. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £224,000 | 25 Jul 2007 |
| £122,000 | 31 Aug 2001 |
| £84,000 | 22 May 1998 |
| 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 July 2007 the House Price Index for WEST MIDLANDS was 94.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 57.634%.Applying this 57.634% change to the original purchase price of £224,000 results in an estimated price of approximately £353,100.
| 25 Jul 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.3 | 148.6 | 57.634 % | £224,000 | £129,100 | £353,100 |
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 | -8.553 % | £-19,159 | £204,840 |
| 3 Month Average | 38.734 % | £86,764 | £310,764 |
| 6 Month Average | 50.985 % | £114,206 | £338,206 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £371,500 | £365,000 | 27 POPLAR ROAD |
| 15 Sep 2023 | £303,885 | £300,000 | FLAT 9 ROSEMONT HOUSE 15A POPLAR ROAD |
| 31 Aug 2023 | £1,059,267 | £1,050,000 | CARETAKERS FLAT OAKFIELD HOUSE, 478 STATION ROAD |
| 3 Apr 2023 | £586,313 | £580,000 | 11 COPSTONE DRIVE |
| 27 Feb 2023 | £246,834 | £247,000 | FLAT 6 CLAREMONT HOUSE, 15 POPLAR ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Poplar Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Poplar Road |
| Feb 2024 | Drugs | Under investigation | On or near Fennis Close |
| Mar 2024 | Other theft | Under investigation | On or near Forest Road |
| Mar 2024 | Vehicle crime | Under investigation | On or near Forest Road |