£15,166
This estimated value is based upon the latest sale price for the house of £12,500 on 25 Mar 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £12,500 | 25 Mar 2020 |
| £1,200 | 11 Sep 2019 |
| 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 March 2020 the House Price Index for WEST MIDLANDS was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £12,500 results in an estimated price of approximately £15,166.
| 25 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 149.7 | 21.335 % | £12,500 | £2,666 | £15,166 |
The Postcode Pricing Model uses changes in average sales price within the CV7 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 | 92.468 % | £11,558 | £24,058 |
| 3 Month Average | 26.951 % | £3,368 | £15,868 |
| 6 Month Average | 24.809 % | £3,101 | £15,601 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £502,000 | £502,000 | LYNROS BALSALL STREET |
| 6 Nov 2023 | £938,831 | £915,000 | FERNHILL VIEW FERNHILL LANE |
| 7 Sep 2023 | £341,222 | £333,700 | 1 BALSALL STREET |
| 4 Sep 2023 | £363,002 | £355,000 | 21 NEEDLERS END LANE |
| 9 Jun 2023 | £714,315 | £700,000 | BARN 2 FERNHILL BARNS FERNHILL LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Unable to prosecute suspect | On or near Sports/Recreation Area |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fernhill Lane |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fernhill Lane |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fernhill Lane |