£277,439
This estimated value is based upon the latest sale price for the house of £56,000 on 24 Oct 1997. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £56,000 | 24 Oct 1997 |
| £52,350 | 26 Jan 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 62 sq meters or 667 sq feet |
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 October 1997 the House Price Index for WEST MIDLANDS was 30.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 395.428%.Applying this 395.428% change to the original purchase price of £56,000 results in an estimated price of approximately £277,439.
| 24 Oct 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.0 | 148.6 | 395.428 % | £56,000 | £221,439 | £277,439 |
The Postcode Pricing Model uses changes in average sales price within the B63 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 | 274.292 % | £153,603 | £209,603 |
| 3 Month Average | 229.610 % | £128,581 | £184,581 |
| 6 Month Average | 265.298 % | £148,566 | £204,566 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £239,185 | £235,000 | 116B OLD HAWNE LANE |
| 15 Sep 2023 | £268,432 | £265,000 | 116 OLD HAWNE LANE |
| 30 Aug 2023 | £222,950 | £221,000 | 15 WHITEFRIARS DRIVE |
| 28 Jul 2023 | £202,729 | £200,000 | 25 WHITEFRIARS DRIVE |
| 2 Sep 2022 | £203,358 | £205,000 | 18 STOURBRIDGE ROAD |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 29 Jan 2014. Using an estimated price of £277,439 means this house is valued at £4,474 per sq meter (£415 per sq foot).
The average size of a house on WHITEFRIARS DRIVE is 64 sq meters (695 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Whitefriars Drive |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Whitefriars Drive |
| Mar 2024 | Anti-social behaviour | On or near Grammar School Lane | |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Grammar School Lane |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grammar School Lane |