£134,699
This estimated value is based upon the latest sale price for the house of £125,000 on 6 Sep 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £125,000 | 6 Sep 2021 |
| 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 September 2021 the House Price Index for WEST MIDLANDS was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £125,000 results in an estimated price of approximately £134,699.
| 6 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.6 | 7.759 % | £125,000 | £9,699 | £134,699 |
The Postcode Pricing Model uses changes in average sales price within the B11 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 | 4.257 % | £5,321 | £130,321 |
| 3 Month Average | -16.840 % | £-21,049 | £103,950 |
| 6 Month Average | -8.352 % | £-10,440 | £114,559 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £263,907 | £260,000 | 12 LARCHES STREET |
| 29 Mar 2023 | £555,231 | £550,000 | MAJESTIC TOWELS MOLE STREET |
| 10 Feb 2023 | £207,860 | £208,000 | 7 LARCHES STREET |
| 26 Nov 2021 | £178,450 | £165,000 | 33 TURNER STREET |
| 24 Sep 2021 | £70,044 | £65,000 | BEECHWOOD COURT, 42 TURNER STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beechfield Road |
| Apr 2024 | Drugs | Under investigation | On or near Beechfield Road |
| Mar 2024 | Drugs | Investigation complete; no suspect identified | On or near Beechfield Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beechfield Road |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Beechfield Road |