£48,479
This estimated value is based upon the latest sale price for the house of £36,700 on 22 Dec 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £36,700 | 22 Dec 2016 |
| 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 2016 the House Price Index for WEST MIDLANDS was 113.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.097%.Applying this 32.097% change to the original purchase price of £36,700 results in an estimated price of approximately £48,479.
| 22 Dec 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 149.7 | 32.097 % | £36,700 | £11,779 | £48,479 |
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 | 50.849 % | £18,661 | £55,361 |
| 3 Month Average | 7.257 % | £2,663 | £39,363 |
| 6 Month Average | 17.215 % | £6,317 | £43,017 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £143,156 | £140,000 | 16 TOWYN ROAD |
| 12 Sep 2023 | £197,350 | £193,000 | 6 DOVEY ROAD |
| 11 Aug 2023 | £190,435 | £187,000 | 50 TOWYN ROAD |
| 1 Feb 2022 | £211,291 | £200,000 | 45 SPRINGFIELD ROAD |
| 22 Dec 2021 | £189,958 | £176,000 | 49 SPRINGFIELD ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Springfield Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Towyn Road |
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Towyn Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Towyn Road |
| Jul 2024 | Other theft | Unable to prosecute suspect | On or near Towyn Road |