£420,832
This estimated value is based upon the latest sale price for the house of £194,950 on 27 Jan 2004. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £194,950 | 27 Jan 2004 |
| £84,500 | 29 Jan 1999 |
| £75,000 | 23 Dec 1997 |
| £20,000 | 1 Jul 1996 |
| 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 January 2004 the House Price Index for WEST MIDLANDS was 69.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 115.867%.Applying this 115.867% change to the original purchase price of £194,950 results in an estimated price of approximately £420,832.
| 27 Jan 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 69.3 | 149.7 | 115.867 % | £194,950 | £225,882 | £420,832 |
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 | 151.925 % | £296,177 | £491,127 |
| 3 Month Average | 97.400 % | £189,881 | £384,831 |
| 6 Month Average | 106.700 % | £208,012 | £402,962 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 May 2024 | £220,000 | £220,000 | 40 DRAYTON ROAD |
| 25 Aug 2023 | £397,163 | £390,000 | 15 DRAYTON ROAD |
| 17 Apr 2023 | £257,822 | £253,000 | 72 ADDISON ROAD |
| 20 Mar 2023 | £142,378 | £140,000 | 36 ADDISON ROAD |
| 29 Mar 2022 | £365,377 | £350,000 | 55 ADDISON ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Drayton Road |
| Aug 2024 | Public order | Unable to prosecute suspect | On or near Drayton Road |
| Aug 2024 | Drugs | Local resolution | On or near Drayton Road |
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Mossfield Road |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Mossfield Road |