£85,329
This estimated value is based upon the latest sale price for the house of £50,000 on 5 Jul 2010. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£50,000 | 5 Jul 2010 |
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 July 2010 the House Price Index for WEST MIDLANDS was 87.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.659%.Applying this 70.659% change to the original purchase price of £50,000 results in an estimated price of approximately £85,329.
5 Jul 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.7 | 149.7 | 70.659 % | £50,000 | £35,329 | £85,329 |
The Postcode Pricing Model uses changes in average sales price within the B31 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 | 109.967 % | £54,983 | £104,983 |
3 Month Average | 84.893 % | £42,446 | £92,446 |
6 Month Average | 81.453 % | £40,726 | £90,726 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Oct 2023 | £204,648 | £200,000 | 41 DEARMONT ROAD |
18 Aug 2023 | £231,679 | £227,500 | 231 THURLESTONE ROAD |
24 Mar 2023 | £238,991 | £235,000 | 235 THURLESTONE ROAD |
17 Mar 2023 | £167,802 | £165,000 | 67 EDENHURST ROAD |
26 Sep 2022 | £174,883 | £175,000 | 128 EDENHURST ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Other crime | Unable to prosecute suspect | On or near Somerset Drive |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Somerset Drive |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Hewell Close |
May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hewell Close |
Jul 2024 | Burglary | Under investigation | On or near Edenhurst Road |