£497,853
This estimated value is based upon the latest sale price for the house of £402,500 on 14 Aug 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There have been two burglaries within the last year on or near Union Drive
More crime details
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| Price Paid | Date |
|---|---|
| £402,500 | 14 Aug 2018 |
| £355,000 | 14 Mar 2018 |
| 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 2018 the House Price Index for WEST MIDLANDS was 120.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.690%.Applying this 23.690% change to the original purchase price of £402,500 results in an estimated price of approximately £497,853.
| 14 Aug 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 148.6 | 23.690 % | £402,500 | £95,353 | £497,853 |
The Postcode Pricing Model uses changes in average sales price within the B73 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 | -8.750 % | £-35,218 | £367,281 |
| 3 Month Average | 17.420 % | £70,117 | £472,617 |
| 6 Month Average | 21.755 % | £87,563 | £490,063 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £344,638 | £340,000 | 3 GATE LANE |
| 26 Jun 2023 | £20,245 | £20,000 | GARAGE 54 BOLDMERE ROAD |
| 26 Jan 2023 | £353,336 | £355,000 | 32 ANTROBUS ROAD |
| 8 Apr 2022 | £334,685 | £325,000 | 10 REDACRE ROAD |
| 4 Apr 2022 | £476,797 | £463,000 | 35 HEATHLANDS ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Union Drive |
| Mar 2024 | Shoplifting | Unable to prosecute suspect | On or near Union Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Union Drive |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Union Drive |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Union Drive |