£242,291
This estimated value is based upon the latest sale price for the house of £240,000 on 24 Jul 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £240,000 | 24 Jul 2023 |
| £67,500 | 7 Jul 1999 |
| £67,500 | 7 Jul 1999 |
| 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 July 2023 the House Price Index for WEST MIDLANDS was 146.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 0.955%.Applying this 0.955% change to the original purchase price of £240,000 results in an estimated price of approximately £242,291.
| 24 Jul 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.6 | 148.0 | 0.955 % | £240,000 | £2,291 | £242,291 |
The Postcode Pricing Model uses changes in average sales price within the B14 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 | -27.289 % | £-65,494 | £174,505 |
| 3 Month Average | 0.134 % | £322 | £240,322 |
| 6 Month Average | -3.593 % | £-8,622 | £231,377 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Jul 2023 | £242,292 | £240,000 | 48 MAYPOLE LANE |
| 10 Mar 2023 | £186,005 | £185,000 | 5 MYRTLE AVENUE |
| 18 Nov 2022 | £280,452 | £285,000 | 81 ARUNDEL ROAD |
| 30 Sep 2022 | £130,414 | £132,000 | 36 MAYPOLE CLOSE |
| 20 Jul 2022 | £251,760 | £252,100 | 81 MAYPOLE LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Maypole Close | |
| Mar 2024 | Anti-social behaviour | On or near Maypole Close | |
| Mar 2024 | Anti-social behaviour | On or near Maypole Close | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Maypole Close |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Maypole Close |