£203,914
This estimated value is based upon the latest sale price for the house of £165,000 on 6 Dec 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £165,000 | 6 Dec 2019 |
| £150,000 | 12 Jan 2018 |
| £124,000 | 13 Dec 2004 |
| £60,000 | 11 Sep 2000 |
| £47,000 | 11 Mar 1997 |
| 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 December 2019 the House Price Index for WEST MIDLANDS was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.585%.Applying this 23.585% change to the original purchase price of £165,000 results in an estimated price of approximately £203,914.
| 6 Dec 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.585 % | £165,000 | £38,914 | £203,914 |
The Postcode Pricing Model uses changes in average sales price within the B45 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 | 60.333 % | £99,549 | £264,549 |
| 3 Month Average | 17.698 % | £29,201 | £194,201 |
| 6 Month Average | 17.915 % | £29,560 | £194,560 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £148,777 | £145,000 | 68A NEWMAN WAY |
| 20 Oct 2023 | £399,064 | £390,000 | 62 REDNAL HILL LANE |
| 9 Jun 2023 | £7,143 | £7,000 | 4 WELL MEADOW |
| 2 Jun 2023 | £5,306 | £5,200 | FLAT 1 72 NEWMAN WAY |
| 1 Apr 2022 | £207,484 | £200,000 | 122 NEWMAN WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Newey Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Well Meadow |
| Sep 2024 | Vehicle crime | Unable to prosecute suspect | On or near Well Meadow |
| Sep 2024 | Possession of weapons | Unable to prosecute suspect | On or near Well Meadow |
| Jul 2024 | Vehicle crime | Unable to prosecute suspect | On or near Farmdale Grove |