£505,397
This estimated value is based upon the latest sale price for the house of £240,000 on 19 Mar 2004. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £240,000 | 19 Mar 2004 |
| £230,000 | 10 Oct 2003 |
| 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 March 2004 the House Price Index for WEST MIDLANDS was 71.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 110.582%.Applying this 110.582% change to the original purchase price of £240,000 results in an estimated price of approximately £505,397.
| 19 Mar 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 71.1 | 149.7 | 110.582 % | £240,000 | £265,397 | £505,397 |
The Postcode Pricing Model uses changes in average sales price within the B13 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 | 47.847 % | £114,832 | £354,832 |
| 3 Month Average | 64.031 % | £153,675 | £393,675 |
| 6 Month Average | 53.666 % | £128,799 | £368,799 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £215,471 | £213,600 | 2 FERNSIDE COTTAGES FERNSIDE GARDENS |
| 11 Apr 2024 | £383,329 | £380,000 | 13 YARDLEY WOOD ROAD |
| 15 Dec 2023 | £113,487 | £110,000 | 24 FERNSIDE GARDENS |
| 15 Dec 2023 | £173,326 | £168,000 | 30 FERNSIDE GARDENS |
| 21 Jun 2023 | £290,828 | £285,000 | 102 YARDLEY WOOD ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Croome Close | |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Croome Close |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Phipson Road |
| Aug 2024 | Criminal damage and arson | Under investigation | On or near Phipson Road |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Phipson Road |