£281,023
This estimated value is based upon the latest sale price for the house of £148,000 on 22 Oct 2004. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £148,000 | 22 Oct 2004 |
| £99,000 | 22 Jan 2004 |
| Terraced |
| 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 October 2004 the House Price Index for WEST MIDLANDS was 78.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 89.881%.Applying this 89.881% change to the original purchase price of £148,000 results in an estimated price of approximately £281,023.
| 22 Oct 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.3 | 148.6 | 89.881 % | £148,000 | £133,023 | £281,023 |
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 | 37.868 % | £56,044 | £204,044 |
| 3 Month Average | 45.141 % | £66,808 | £214,808 |
| 6 Month Average | 69.229 % | £102,458 | £250,458 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Feb 2023 | £289,805 | £290,000 | 10 HOLLYBANK ROAD |
| 6 Jan 2023 | £398,125 | £400,000 | 240 MAY LANE |
| 16 Nov 2022 | £395,213 | £400,000 | 242 MAY LANE |
| 2 Nov 2022 | £258,864 | £262,000 | 215 MAY LANE |
| 14 Jul 2022 | £220,594 | £220,000 | 233 MAY LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Pine Grove |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Pine Grove |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Pine Grove |
| Jan 2024 | Possession of weapons | Unable to prosecute suspect | On or near Michelle Close |
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Michelle Close |