£162,344
This estimated value is based upon the latest sale price for the house of £132,000 on 7 Sep 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £132,000 | 7 Sep 2018 |
| £100,000 | 13 May 2016 |
| £99,000 | 8 Dec 2006 |
| £36,750 | 30 Nov 1999 |
| 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 September 2018 the House Price Index for WEST MIDLANDS was 120.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.988%.Applying this 22.988% change to the original purchase price of £132,000 results in an estimated price of approximately £162,344.
| 7 Sep 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.0 | 22.988 % | £132,000 | £30,344 | £162,344 |
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 | 30.554 % | £40,331 | £172,331 |
| 3 Month Average | 12.480 % | £16,472 | £148,472 |
| 6 Month Average | 10.688 % | £14,108 | £146,108 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £205,695 | £205,000 | 58 ROSEFIELD ROAD |
| 24 Nov 2023 | £141,821 | £140,000 | 29 WATERY LANE |
| 10 Mar 2023 | £196,060 | £195,000 | 44 ROSEFIELD ROAD |
| 4 Nov 2022 | £162,367 | £165,000 | 81 ROSEFIELD ROAD |
| 12 Jan 2022 | £153,555 | £146,500 | 65 ARDEN ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Robbery | Investigation complete; no suspect identified | On or near Watery Lane |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Watery Lane |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Watery Lane |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Arden Road |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Arden Road |