£202,347
This estimated value is based upon the latest sale price for the house of £120,000 on 28 Mar 2013. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £120,000 | 28 Mar 2013 |
| £110,000 | 2 Feb 2009 |
| £93,000 | 1 Jun 2007 |
| 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 March 2013 the House Price Index for WEST MIDLANDS was 88.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 68.623%.Applying this 68.623% change to the original purchase price of £120,000 results in an estimated price of approximately £202,347.
| 28 Mar 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.8 | 149.7 | 68.623 % | £120,000 | £82,347 | £202,347 |
The Postcode Pricing Model uses changes in average sales price within the B10 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 | 149.922 % | £179,906 | £299,906 |
| 3 Month Average | 95.635 % | £114,762 | £234,762 |
| 6 Month Average | 82.416 % | £98,899 | £218,899 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £203,121 | £200,000 | 54 MONICA ROAD |
| 15 Jun 2023 | £116,331 | £114,000 | 14 HEATHER ROAD |
| 19 Apr 2023 | £175,278 | £172,000 | 189 HEATHER ROAD |
| 24 Mar 2023 | £223,736 | £220,000 | 2 MONICA ROAD |
| 5 May 2022 | £82,140 | £80,000 | 45 HEATHER ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Drugs | Local resolution | On or near Petrol Station |
| Oct 2024 | Drugs | Local resolution | On or near Petrol Station |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Petrol Station |
| Oct 2024 | Shoplifting | Awaiting court outcome | On or near Petrol Station |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |