£221,334
This estimated value is based upon the latest sale price for the house of £45,000 on 7 Nov 1997. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £45,000 | 7 Nov 1997 |
| £34,000 | 28 Jul 1995 |
| 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 November 1997 the House Price Index for WEST MIDLANDS was 30.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 391.855%.Applying this 391.855% change to the original purchase price of £45,000 results in an estimated price of approximately £221,334.
| 7 Nov 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.2 | 148.6 | 391.855 % | £45,000 | £176,334 | £221,334 |
The Postcode Pricing Model uses changes in average sales price within the B67 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 | 373.239 % | £167,957 | £212,957 |
| 3 Month Average | 305.752 % | £137,588 | £182,588 |
| 6 Month Average | 325.913 % | £146,660 | £191,660 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £219,847 | £216,000 | 28 BROADMOOR AVENUE |
| 3 Aug 2023 | £224,464 | £222,500 | 17 PHEASANT ROAD |
| 16 Jun 2023 | £218,902 | £216,250 | 17 TELFORD CLOSE |
| 17 Apr 2023 | £192,068 | £190,000 | 7 TELFORD CLOSE |
| 17 Mar 2023 | £242,283 | £240,000 | 141 POTTERY ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Telford Close |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Telford Close |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Pheasant Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pheasant Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Pheasant Road |