£168,835
This estimated value is based upon the latest sale price for the house of £124,995 on 24 Mar 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £124,995 | 24 Mar 2016 |
| £115,000 | 14 Jun 2004 |
| 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 March 2016 the House Price Index for WEST MIDLANDS was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £124,995 results in an estimated price of approximately £168,835.
| 24 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 148.6 | 35.074 % | £124,995 | £43,840 | £168,835 |
The Postcode Pricing Model uses changes in average sales price within the B10 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 | -18.370 % | £-22,961 | £102,033 |
| 3 Month Average | 22.416 % | £28,018 | £153,013 |
| 6 Month Average | 49.433 % | £61,788 | £186,783 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £71,247 | £70,000 | 362 HEATHER ROAD |
| 20 Nov 2023 | £129,924 | £128,000 | 381 ST BENEDICTS ROAD |
| 29 Sep 2023 | £174,734 | £172,500 | 325 HEATHER ROAD |
| 15 Sep 2023 | £197,526 | £195,000 | 117 HOB MOOR ROAD |
| 20 Jun 2023 | £182,207 | £180,000 | 237 MONICA ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hob Moor Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hob Moor Close |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Hob Moor Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hob Moor Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hob Moor Close |