£320,339
This estimated value is based upon the latest sale price for the house of £142,000 on 31 Oct 2003. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £142,000 | 31 Oct 2003 |
| £98,500 | 3 Aug 2001 |
| £87,000 | 24 Mar 2000 |
| £63,100 | 21 Jun 1996 |
| Terraced |
| Freehold |
| Floor Area: 67 sq meters or 721 sq feet |
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 2003 the House Price Index for WEST MIDLANDS was 66.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 125.591%.Applying this 125.591% change to the original purchase price of £142,000 results in an estimated price of approximately £320,339.
| 31 Oct 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 66.4 | 149.7 | 125.591 % | £142,000 | £178,339 | £320,339 |
The Postcode Pricing Model uses changes in average sales price within the B30 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 | 68.798 % | £97,692 | £239,692 |
| 3 Month Average | 109.764 % | £155,864 | £297,864 |
| 6 Month Average | 122.250 % | £173,594 | £315,594 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Sep 2024 | £675,000 | £675,000 | 28 BEECH ROAD |
| 20 May 2024 | £525,000 | £525,000 | 88 LINDEN ROAD |
| 8 Jul 2022 | £715,166 | £708,000 | 90 BOURNVILLE LANE |
| 1 Jul 2022 | £869,715 | £861,000 | 3 LAUREL GROVE |
| 24 Jun 2022 | £551,795 | £540,000 | 106 LINDEN ROAD |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 29 Jul 2021. Using an estimated price of £320,339 means this house is valued at £4,781 per sq meter (£444 per sq foot).
The average size of a house on BOURNVILLE LANE is 92 sq meters (1,000 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Laurel Grove |
| Aug 2024 | Drugs | Under investigation | On or near Laurel Grove |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Laurel Grove |
| Aug 2024 | Public order | Awaiting court outcome | On or near Bournville Lane |
| Aug 2024 | Violence and sexual offences | Awaiting court outcome | On or near Beech Road |