£20,301
This estimated value is based upon the latest sale price for the house of £18,810 on 21 Dec 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £18,810 | 21 Dec 2021 |
| 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 December 2021 the House Price Index for WEST MIDLANDS was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £18,810 results in an estimated price of approximately £20,301.
| 21 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 149.7 | 7.931 % | £18,810 | £1,491 | £20,301 |
The Postcode Pricing Model uses changes in average sales price within the B43 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 | 73.095 % | £13,749 | £32,559 |
| 3 Month Average | 33.110 % | £6,228 | £25,038 |
| 6 Month Average | 18.773 % | £3,531 | £22,341 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Sep 2024 | £249,000 | £249,000 | 4 CLAUSEN CLOSE |
| 21 Jun 2024 | £300,000 | £300,000 | 48 DOE BANK LANE |
| 10 Nov 2023 | £245,225 | £239,000 | 19 STANHOPE WAY |
| 22 Sep 2023 | £338,461 | £331,000 | 16 DOE BANK LANE |
| 4 Aug 2023 | £213,857 | £210,000 | 606 QUESLETT ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Stanhope Way |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brockwell Road |
| Sep 2024 | Criminal damage and arson | Awaiting court outcome | On or near Brockwell Road |
| Sep 2024 | Shoplifting | Unable to prosecute suspect | On or near Brockwell Road |
| Sep 2024 | Other theft | Unable to prosecute suspect | On or near Brockwell Road |