£197,664
This estimated value is based upon the latest sale price for the house of £160,000 on 25 Oct 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £160,000 | 25 Oct 2019 |
| £135,000 | 25 Apr 2016 |
| £71,000 | 20 Sep 2002 |
| Terraced |
| Leasehold |
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 2019 the House Price Index for WEST MIDLANDS was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £160,000 results in an estimated price of approximately £197,664.
| 25 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.540 % | £160,000 | £37,664 | £197,664 |
The Postcode Pricing Model uses changes in average sales price within the B37 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 | 52.881 % | £84,610 | £244,610 |
| 3 Month Average | 26.533 % | £42,453 | £202,453 |
| 6 Month Average | 17.650 % | £28,240 | £188,240 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £175,389 | £170,000 | 183 FORTH DRIVE |
| 30 Nov 2023 | £7,695 | £7,500 | 15 TYNE CLOSE |
| 18 Aug 2023 | £193,490 | £190,000 | 34 NEWBY GROVE |
| 9 Aug 2023 | £188,398 | £185,000 | 11 LAMBETH CLOSE |
| 9 Jun 2022 | £168,604 | £165,000 | 55 WATERLOO AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Tay Croft |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Tay Croft |
| Sep 2024 | Possession of weapons | Awaiting court outcome | On or near Lambeth Close |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lambeth Close |
| Sep 2024 | Drugs | Local resolution | On or near Lambeth Close |