£296,009
This estimated value is based upon the latest sale price for the house of £155,000 on 1 Sep 2004. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £155,000 | 1 Sep 2004 |
| Semi-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 September 2004 the House Price Index for WEST MIDLANDS was 77.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 90.974%.Applying this 90.974% change to the original purchase price of £155,000 results in an estimated price of approximately £296,009.
| 1 Sep 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 77.8 | 148.6 | 90.974 % | £155,000 | £141,009 | £296,009 |
The Postcode Pricing Model uses changes in average sales price within the B67 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 | 56.157 % | £87,043 | £242,043 |
| 3 Month Average | 45.584 % | £70,655 | £225,655 |
| 6 Month Average | 66.775 % | £103,501 | £258,501 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £226,351 | £223,000 | 105 MILCOTE ROAD |
| 23 Aug 2023 | £239,596 | £237,500 | 80 MILCOTE ROAD |
| 14 Jul 2023 | £354,775 | £350,000 | 98A LIGHTWOODS ROAD |
| 3 Mar 2023 | £232,188 | £230,000 | 121 MILCOTE ROAD |
| 3 Feb 2022 | £296,256 | £282,500 | 101 LIGHTWOODS ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Adkins Lane |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Adkins Lane |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Adkins Lane |
| Feb 2024 | Public order | Awaiting court outcome | On or near Adkins Lane |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Adkins Lane |