£549,622
This estimated value is based upon the latest sale price for the house of £249,500 on 14 Nov 2003. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £249,500 | 14 Nov 2003 |
| £183,000 | 3 Dec 2001 |
| £153,000 | 24 Mar 2000 |
| 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 November 2003 the House Price Index for WEST MIDLANDS was 67.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 120.290%.Applying this 120.290% change to the original purchase price of £249,500 results in an estimated price of approximately £549,622.
| 14 Nov 2003 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 67.2 | 148.0 | 120.290 % | £249,500 | £300,122 | £549,622 |
The Postcode Pricing Model uses changes in average sales price within the B76 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 | 246.379 % | £614,714 | £864,214 |
| 3 Month Average | 139.790 % | £348,775 | £598,275 |
| 6 Month Average | 99.665 % | £248,664 | £498,164 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £198,760 | £195,000 | 4 LANE CROFT |
| 4 Dec 2023 | £866,391 | £850,000 | 86 CALDER DRIVE |
| 27 Mar 2023 | £502,717 | £500,000 | 6 FOLDYARD CLOSE |
| 31 Aug 2022 | £595,973 | £600,000 | 2 FOLDYARD CLOSE |
| 31 May 2022 | £418,217 | £412,000 | 8 FOLDYARD CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Lane Croft |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lane Croft |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Trewman Close |
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Pytman Drive |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Pytman Drive |