£133,927
This estimated value is based upon the latest sale price for the house of £50,995 on 25 Oct 2002. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £50,995 | 25 Oct 2002 |
| £32,500 | 5 Jan 2001 |
| £31,000 | 22 Sep 1997 |
| Flats/Maisonettes |
| 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 October 2002 the House Price Index for WEST MIDLANDS was 56.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 162.628%.Applying this 162.628% change to the original purchase price of £50,995 results in an estimated price of approximately £133,927.
| 25 Oct 2002 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 56.4 | 148.0 | 162.628 % | £50,995 | £82,932 | £133,927 |
The Postcode Pricing Model uses changes in average sales price within the B63 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 | 37.796 % | £19,273 | £70,268 |
| 3 Month Average | 84.371 % | £43,024 | £94,019 |
| 6 Month Average | 106.004 % | £54,056 | £105,051 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Jun 2023 | £236,921 | £235,000 | 17 RED LEASOWES ROAD |
| 16 Mar 2023 | £255,380 | £254,000 | 34 INSTONE ROAD |
| 10 May 2022 | £203,018 | £200,000 | 18 RED LEASOWES ROAD |
| 28 Jan 2022 | £117,918 | £112,500 | FLAT 2 HAGLEY COURT, 226 HAGLEY ROAD |
| 8 Oct 2021 | £218,198 | £198,000 | 25 INSTONE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grove Avenue |
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Grove Avenue |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Grove Avenue |
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Instone Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Instone Road |