£342,323
This estimated value is based upon the latest sale price for the house of £187,500 on 12 Aug 2005. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £187,500 | 12 Aug 2005 |
| £62,000 | 17 Jun 1996 |
| 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 August 2005 the House Price Index for WEST MIDLANDS was 81.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 82.573%.Applying this 82.573% change to the original purchase price of £187,500 results in an estimated price of approximately £342,323.
| 12 Aug 2005 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.1 | 148.0 | 82.573 % | £187,500 | £154,823 | £342,323 |
The Postcode Pricing Model uses changes in average sales price within the B73 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 | 168.747 % | £316,400 | £503,900 |
| 3 Month Average | 69.052 % | £129,472 | £316,972 |
| 6 Month Average | 61.766 % | £115,812 | £303,312 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £124,353 | £122,000 | FLAT 15 BROMFORD HOUSE JOCKEY ROAD |
| 15 Jun 2023 | £136,104 | £135,000 | FLAT 12 BROMFORD HOUSE JOCKEY ROAD |
| 21 Apr 2023 | £84,528 | £83,900 | 59 FIR TREE GROVE |
| 1 Aug 2022 | £427,114 | £430,000 | 18 WAKEFIELD CLOSE |
| 21 Mar 2022 | £162,036 | £157,000 | 39 FIR TREE GROVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wakefield Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wakefield Close |
| Jan 2024 | Criminal damage and arson | Offender given a caution | On or near Wakefield Close |
| Jan 2024 | Criminal damage and arson | Offender given a caution | On or near Wakefield Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gate Lane |