£24,801,287
This estimated value is based upon the latest sale price for the house of £20,190,000 on 17 Jul 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £20,190,000 | 17 Jul 2019 |
| 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 2019 the House Price Index for WEST MIDLANDS was 120.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.839%.Applying this 22.839% change to the original purchase price of £20,190,000 results in an estimated price of approximately £24,801,287.
| 17 Jul 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.0 | 22.839 % | £20,190,000 | £4,611,287 | £24,801,287 |
The Postcode Pricing Model uses changes in average sales price within the B93 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 | -15.855 % | £-3,201,194 | £16,988,805 |
| 3 Month Average | -25.005 % | £-5,048,558 | £15,141,441 |
| 6 Month Average | 3.938 % | £795,062 | £20,985,062 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £372,039 | £365,000 | 27 POPLAR ROAD |
| 31 Aug 2023 | £1,056,424 | £1,050,000 | CARETAKERS FLAT OAKFIELD HOUSE, 478 STATION ROAD |
| 3 Apr 2023 | £584,343 | £580,000 | 11 COPSTONE DRIVE |
| 27 Feb 2023 | £245,837 | £247,000 | FLAT 6 CLAREMONT HOUSE, 15 POPLAR ROAD |
| 24 Feb 2023 | £243,847 | £245,000 | APARTMENT 18 456 STATION ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Poplar Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Poplar Road |
| Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near Forest Road |
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Forest Road |
| Feb 2024 | Shoplifting | Unable to prosecute suspect | On or near Forest Road |