£232,162
This estimated value is based upon the latest sale price for the house of £45,000 on 20 Jun 1997. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £45,000 | 20 Jun 1997 |
| £45,000 | 20 Jun 1997 |
| 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 June 1997 the House Price Index for WEST MIDLANDS was 29.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 415.917%.Applying this 415.917% change to the original purchase price of £45,000 results in an estimated price of approximately £232,162.
| 20 Jun 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.0 | 149.7 | 415.917 % | £45,000 | £187,162 | £232,162 |
The Postcode Pricing Model uses changes in average sales price within the B21 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 | 514.920 % | £231,714 | £276,714 |
| 3 Month Average | 513.337 % | £231,001 | £276,001 |
| 6 Month Average | 550.012 % | £247,505 | £292,505 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £492,502 | £480,000 | 21 ORCHARD CLOSE |
| 16 Oct 2023 | £225,113 | £220,000 | 135 ANTROBUS ROAD |
| 27 Sep 2023 | £175,361 | £171,495 | 78 LAUREL ROAD |
| 9 Jun 2023 | £270,419 | £265,000 | 15 LAUREL GARDENS |
| 16 Nov 2022 | £258,790 | £260,000 | 81 LAUREL ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Laurel Gardens |
| Sep 2024 | Bicycle theft | Under investigation | On or near Grove Hill Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Grove Hill Road |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Grove Hill Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grove Hill Road |