£534,296
This estimated value is based upon the latest sale price for the house of £500,000 on 30 Jun 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £500,000 | 30 Jun 2021 |
| 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 June 2021 the House Price Index for WEST MIDLANDS was 138.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 6.859%.Applying this 6.859% change to the original purchase price of £500,000 results in an estimated price of approximately £534,296.
| 30 Jun 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.0 | 6.859 % | £500,000 | £34,296 | £534,296 |
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 | -26.869 % | £-134,344 | £365,655 |
| 3 Month Average | -33.917 % | £-169,584 | £330,415 |
| 6 Month Average | -5.311 % | £-26,552 | £473,447 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Aug 2023 | £503,059 | £500,000 | 7 RICKARD CLOSE |
| 4 Jul 2023 | £514,870 | £510,000 | 60 WILLOWBANK ROAD |
| 26 Sep 2022 | £493,992 | £500,000 | 156A WIDNEY ROAD |
| 27 Sep 2021 | £440,029 | £410,000 | FLAT 5 THE OLD SCHOOL HOUSE WIDNEY ROAD |
| 28 Jul 2021 | £537,974 | £470,000 | 6 HINTONS COPPICE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Westerham Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Rickard Close |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Rickard Close |
| Mar 2024 | Burglary | Under investigation | On or near Moorfield Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Culverley Crescent |