£298,781
This estimated value is based upon the latest sale price for the house of £192,500 on 17 Dec 2007. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £192,500 | 17 Dec 2007 |
| £123,000 | 31 Mar 2004 |
| 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 December 2007 the House Price Index for WEST MIDLANDS was 95.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.211%.Applying this 55.211% change to the original purchase price of £192,500 results in an estimated price of approximately £298,781.
| 17 Dec 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.7 | 148.6 | 55.211 % | £192,500 | £106,281 | £298,781 |
The Postcode Pricing Model uses changes in average sales price within the B14 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 | 19.791 % | £38,098 | £230,598 |
| 3 Month Average | 28.649 % | £55,148 | £247,648 |
| 6 Month Average | 45.430 % | £87,452 | £279,952 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £288,040 | £283,000 | 45 MELTON ROAD |
| 1 Dec 2023 | £290,075 | £285,000 | 136 MELTON ROAD |
| 16 Aug 2023 | £262,295 | £260,000 | 2 RICHMOND PLACE |
| 28 Jun 2023 | £283,433 | £280,000 | 67 MELTON ROAD |
| 13 Jun 2023 | £253,065 | £250,000 | 102 INSTITUTE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Gaddesby Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Gaddesby Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Gaddesby Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Gaddesby Road |
| Mar 2024 | Possession of weapons | Under investigation | On or near Richmond Place |