£313,751
This estimated value is based upon the latest sale price for the house of £255,000 on 29 Mar 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £255,000 | 29 Mar 2019 |
| 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 March 2019 the House Price Index for WEST MIDLANDS was 120.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.040%.Applying this 23.040% change to the original purchase price of £255,000 results in an estimated price of approximately £313,751.
| 29 Mar 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.0 | 23.040 % | £255,000 | £58,751 | £313,751 |
The Postcode Pricing Model uses changes in average sales price within the B93 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 | -37.952 % | £-96,778 | £158,221 |
| 3 Month Average | -36.995 % | £-94,338 | £160,661 |
| 6 Month Average | 0.567 % | £1,447 | £256,447 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jul 2023 | £186,767 | £185,000 | 7 BALKWILL CRESCENT |
| 4 Jul 2023 | £266,521 | £264,000 | 69 HERTFORD WAY |
| 9 Jun 2023 | £625,068 | £620,000 | 4 MIDDLEFIELD AVENUE |
| 16 Feb 2023 | £855,952 | £860,000 | 8 HERTFORD WAY |
| 1 Sep 2022 | £375,434 | £380,000 | 54 HERTFORD WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hertford Way |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Balkwill Crescent |
| Apr 2024 | Vehicle crime | Under investigation | On or near Woodside Crescent |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Woodside Crescent |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Woodside Crescent |