£200,364
This estimated value is based upon the latest sale price for the house of £161,000 on 10 Jan 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £161,000 | 10 Jan 2019 |
| £95,000 | 12 Oct 2007 |
| 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 January 2019 the House Price Index for WEST MIDLANDS was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.450%.Applying this 24.450% change to the original purchase price of £161,000 results in an estimated price of approximately £200,364.
| 10 Jan 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.450 % | £161,000 | £39,364 | £200,364 |
The Postcode Pricing Model uses changes in average sales price within the B23 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 | 40.128 % | £64,605 | £225,605 |
| 3 Month Average | 21.726 % | £34,978 | £195,978 |
| 6 Month Average | 16.134 % | £25,976 | £186,976 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £234,162 | £229,000 | 14 HAMMOND DRIVE |
| 12 Apr 2023 | £247,122 | £242,500 | 23 BALMORAL ROAD |
| 31 Jan 2023 | £132,855 | £132,500 | 13 GWALIA GROVE |
| 25 Jan 2023 | £130,850 | £130,500 | 80 MARSH LANE |
| 1 Jul 2022 | £181,822 | £180,000 | 25 HIGHLAND ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Balmoral Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Balmoral Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Balmoral Road |
| Jun 2024 | Violence and sexual offences | Awaiting court outcome | On or near Balmoral Road |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Highland Road |