£217,370
This estimated value is based upon the latest sale price for the house of £137,000 on 29 Jun 2007. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £137,000 | 29 Jun 2007 |
| £124,950 | 27 Aug 2004 |
| £77,000 | 23 Nov 2001 |
| £59,000 | 31 Mar 2000 |
| £59,950 | 27 Mar 1998 |
| Semi-Detached |
| Leasehold |
| Floor Area: 60 sq meters or 645 sq feet |
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 June 2007 the House Price Index for WEST MIDLANDS was 93.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.665%.Applying this 58.665% change to the original purchase price of £137,000 results in an estimated price of approximately £217,370.
| 29 Jun 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.7 | 148.6 | 58.665 % | £137,000 | £80,370 | £217,370 |
The Postcode Pricing Model uses changes in average sales price within the B24 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 | -27.638 % | £-37,864 | £99,135 |
| 3 Month Average | 26.313 % | £36,048 | £173,048 |
| 6 Month Average | 29.677 % | £40,657 | £177,657 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Oct 2022 | £306,698 | £310,000 | 16 WALDLEY GROVE |
| 26 Aug 2022 | £199,463 | £200,000 | 17 SPRINGSLADE DRIVE |
| 28 Feb 2022 | £169,889 | £162,000 | 1018 TYBURN ROAD |
| 29 Jun 2021 | £225,314 | £210,000 | 8 PAGET ROAD |
| 18 Aug 2020 | £224,225 | £187,000 | 21 WALDLEY GROVE |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 23 Dec 2016. Using an estimated price of £217,370 means this house is valued at £3,622 per sq meter (£336 per sq foot).
The average size of a house on SPRINGSLADE DRIVE is 73 sq meters (786 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Springslade Drive |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Springslade Drive |
| Dec 2023 | Robbery | Under investigation | On or near Springslade Drive |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Westwood View |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Westwood View |