£941,387
This estimated value is based upon the latest sale price for the house of £178,500 on 20 Mar 1997. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £178,500 | 20 Mar 1997 |
| 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 1997 the House Price Index for WEST MIDLANDS was 28.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 427.388%.Applying this 427.388% change to the original purchase price of £178,500 results in an estimated price of approximately £941,387.
| 20 Mar 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 28.4 | 149.7 | 427.388 % | £178,500 | £762,887 | £941,387 |
The Postcode Pricing Model uses changes in average sales price within the B91 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 | 262.316 % | £468,233 | £646,733 |
| 3 Month Average | 214.790 % | £383,399 | £561,899 |
| 6 Month Average | 242.227 % | £432,375 | £610,875 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Mar 2023 | £539,001 | £530,000 | 6 EDWARDIAN CLOSE |
| 31 Oct 2022 | £508,302 | £510,000 | 11 EDWARDIAN CLOSE |
| 5 Aug 2022 | £452,114 | £450,000 | 14 NORTHBROOK ROAD |
| 14 Apr 2022 | £741,757 | £715,000 | 60 ROTHWELL DRIVE |
| 23 Aug 2021 | £713,660 | £635,000 | 45 NORTHBROOK ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Nebsworth Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Nebsworth Close |
| Jul 2024 | Other theft | Unable to prosecute suspect | On or near Northbrook Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Northbrook Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Northbrook Road |