£207,231
This estimated value is based upon the latest sale price for the house of £205,000 on 28 Apr 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £205,000 | 28 Apr 2023 |
| 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 April 2023 the House Price Index for WEST MIDLANDS was 147.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.088%.Applying this 1.088% change to the original purchase price of £205,000 results in an estimated price of approximately £207,231.
| 28 Apr 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 148.6 | 1.088 % | £205,000 | £2,231 | £207,231 |
The Postcode Pricing Model uses changes in average sales price within the B66 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 | -62.043 % | £-127,188 | £77,811 |
| 3 Month Average | -8.827 % | £-18,095 | £186,904 |
| 6 Month Average | -5.147 % | £-10,552 | £194,447 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2023 | £207,231 | £205,000 | 7 CULVERT WAY |
| 8 Mar 2023 | £62,590 | £62,000 | 21 ADAMS CLOSE |
| 17 Dec 2021 | £327,841 | £306,000 | 7 CHANCE DRIVE |
| 14 Dec 2021 | £316,056 | £295,000 | 30 NAREL SHARPE CLOSE |
| 19 Aug 2021 | £175,709 | £157,500 | 50 GRENVILLE DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Culvert Way |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Culvert Way |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Culvert Way |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Culvert Way |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Culvert Way |