£557,807
This estimated value is based upon the latest sale price for the house of £500,000 on 18 Aug 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £500,000 | 18 Aug 2021 |
| £484,000 | 8 Aug 2017 |
| Detached |
| 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 August 2021 the House Price Index for WEST MIDLANDS was 133.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 11.562%.Applying this 11.562% change to the original purchase price of £500,000 results in an estimated price of approximately £557,807.
| 18 Aug 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 148.6 | 11.562 % | £500,000 | £57,807 | £557,807 |
The Postcode Pricing Model uses changes in average sales price within the B90 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 | 52.436 % | £262,181 | £762,181 |
| 3 Month Average | -7.217 % | £-36,083 | £463,916 |
| 6 Month Average | 2.418 % | £12,089 | £512,089 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £812,022 | £800,000 | 262 DICKENS HEATH ROAD |
| 26 Sep 2023 | £678,678 | £670,000 | 38 BIRCHY CLOSE |
| 5 Jun 2023 | £612,418 | £605,000 | 12 BEECH LANE |
| 16 Sep 2022 | £198,398 | £200,000 | 66 NEW MEADOW CLOSE |
| 30 Jun 2022 | £208,446 | £205,500 | 62 NEW MEADOW CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Birchy Leasowes Lane |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Birchy Leasowes Lane |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Birchy Close |
| Dec 2023 | Burglary | Under investigation | On or near Fishers Drive |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near New Meadow Close |