£324,247
This estimated value is based upon the latest sale price for the house of £58,000 on 16 Aug 1996. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £58,000 | 16 Aug 1996 |
| Semi-Detached |
| 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 August 1996 the House Price Index for WEST MIDLANDS was 26.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 459.047%.Applying this 459.047% change to the original purchase price of £58,000 results in an estimated price of approximately £324,247.
| 16 Aug 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.8 | 149.7 | 459.047 % | £58,000 | £266,247 | £324,247 |
The Postcode Pricing Model uses changes in average sales price within the B72 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 | 294.769 % | £170,966 | £228,966 |
| 3 Month Average | 308.905 % | £179,165 | £237,165 |
| 6 Month Average | 357.592 % | £207,403 | £265,403 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Mar 2024 | £258,979 | £255,000 | 71 JEROME ROAD |
| 23 Feb 2023 | £490,275 | £487,000 | 30 ROYAL ROAD |
| 16 Nov 2022 | £489,710 | £492,000 | 18 KATHLEEN ROAD |
| 1 Aug 2022 | £264,236 | £263,000 | 23 JEROME ROAD |
| 30 Jun 2022 | £273,343 | £267,500 | 28 JEROME ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Jerome Road |
| Oct 2024 | Criminal damage and arson | Awaiting court outcome | On or near Jerome Road |
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Jerome Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kathleen Road |
| Aug 2024 | Anti-social behaviour | On or near Kathleen Road |