£123,338
This estimated value is based upon the latest sale price for the house of £101,250 on 21 Jul 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £101,250 | 21 Jul 2020 |
| Leasehold |
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 2020 the House Price Index for WEST MIDLANDS was 122.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.815%.Applying this 21.815% change to the original purchase price of £101,250 results in an estimated price of approximately £123,338.
| 21 Jul 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 149.7 | 21.815 % | £101,250 | £22,088 | £123,338 |
The Postcode Pricing Model uses changes in average sales price within the WS9 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 | 20.054 % | £20,304 | £121,554 |
| 3 Month Average | 7.231 % | £7,320 | £108,570 |
| 6 Month Average | 13.994 % | £14,169 | £115,419 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £257,537 | £251,000 | 31 HEREFORD CLOSE |
| 25 Oct 2023 | £95,161 | £93,000 | 38 SUSSEX AVENUE |
| 8 Sep 2023 | £219,846 | £215,000 | 2 SUSSEX AVENUE |
| 22 Aug 2023 | £264,775 | £260,000 | 25 BURNFIELDS WAY |
| 16 Jun 2023 | £265,317 | £260,000 | 11 HEREFORD CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Shenstone Drive |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Vigo Place |
| Apr 2024 | Vehicle crime | Awaiting court outcome | On or near Vigo Place |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Beecham Close |
| Jul 2024 | Other crime | Unable to prosecute suspect | On or near Petrol Station |