£129,862
This estimated value is based upon the latest sale price for the house of £127,000 on 11 Sep 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £127,000 | 11 Sep 2023 |
| £75,000 | 28 Nov 2003 |
| £39,000 | 28 Jun 1996 |
| Flats/Maisonettes |
| Leasehold |
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 September 2023 the House Price Index for WEST MIDLANDS was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £127,000 results in an estimated price of approximately £129,862.
| 11 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 149.7 | 2.254 % | £127,000 | £2,862 | £129,862 |
The Postcode Pricing Model uses changes in average sales price within the B92 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 | 1.177 % | £1,494 | £128,494 |
| 3 Month Average | 14.993 % | £19,041 | £146,041 |
| 6 Month Average | 8.244 % | £10,469 | £137,469 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £110,964 | £110,000 | 25 MERRYFIELD CLOSE |
| 4 Dec 2023 | £339,430 | £329,000 | 28 WHEELEY ROAD |
| 28 Sep 2023 | £160,198 | £156,667 | 35 MITFORD DRIVE |
| 27 Sep 2023 | £281,199 | £275,000 | 36 ROUNCIL CLOSE |
| 11 Sep 2023 | £129,863 | £127,000 | 61 GREENLAND RISE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Merryfield Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Merryfield Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Kitwood Drive |
| Oct 2024 | Public order | Under investigation | On or near Wheeley Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wheeley Road |