£234,224
This estimated value is based upon the latest sale price for the house of £230,000 on 9 Aug 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Shopping Area
More crime details
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| Price Paid | Date |
|---|---|
| £230,000 | 9 Aug 2023 |
| £250,000 | 9 Aug 2023 |
| £203,500 | 5 Apr 2018 |
| 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 2023 the House Price Index for WEST MIDLANDS was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £230,000 results in an estimated price of approximately £234,224.
| 9 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 149.7 | 1.837 % | £230,000 | £4,224 | £234,224 |
The Postcode Pricing Model uses changes in average sales price within the B62 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 | 69.983 % | £160,959 | £390,959 |
| 3 Month Average | -7.190 % | £-16,536 | £213,463 |
| 6 Month Average | 0.786 % | £1,808 | £231,808 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Aug 2023 | £234,224 | £230,000 | J C M CONTRACTS LTD VICTORIA ROAD |
| 4 Apr 2023 | £81,525 | £80,000 | 67 LONG LANE |
| 13 Jan 2023 | £175,469 | £175,000 | 109 OLIVE HILL ROAD |
| 6 Jan 2023 | £318,852 | £318,000 | 10 MAPLE ROAD |
| 9 Nov 2022 | £129,395 | £130,000 | 32 MAPLE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shopping Area |
| May 2024 | Other theft | Unable to prosecute suspect | On or near Shopping Area |
| May 2024 | Burglary | Investigation complete; no suspect identified | On or near Shopping Area |
| Jun 2024 | Other theft | Unable to prosecute suspect | On or near Malt Mill Lane |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Malt Mill Lane |