£555,500
This estimated value is based upon the latest sale price for the house of £499,950 on 2 Aug 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £499,950 | 2 Aug 2021 |
| £102,250 | 14 Nov 1996 |
| 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 August 2021 the House Price Index for WEST MIDLANDS was 133.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 11.111%.Applying this 11.111% change to the original purchase price of £499,950 results in an estimated price of approximately £555,500.
| 2 Aug 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 148.0 | 11.111 % | £499,950 | £55,550 | £555,500 |
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 | -35.883 % | £-179,396 | £320,553 |
| 3 Month Average | -31.541 % | £-157,688 | £342,261 |
| 6 Month Average | -4.233 % | £-21,161 | £478,788 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Feb 2023 | £552,387 | £555,000 | THE OLDE POST HOUSE WARWICK ROAD |
| 13 Jan 2023 | £292,431 | £295,000 | 5 BAKERS MEWS |
| 17 Nov 2022 | £295,213 | £300,000 | 1 BAKERS MEWS |
| 14 Oct 2022 | £270,972 | £275,000 | CHADVILLE WARWICK ROAD |
| 28 Jan 2022 | £452,805 | £432,000 | MORAR WARWICK ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Robbery | Awaiting court outcome | On or near Arbour Tree Lane |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Arbour Tree Lane |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chadwick Mews |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Birmingham Road |
| Mar 2024 | Other crime | Investigation complete; no suspect identified | On or near Chadwick Lane |