£131,841
This estimated value is based upon the latest sale price for the house of £133,000 on 30 Jan 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £133,000 | 30 Jan 2023 |
| £178,000 | 20 Jun 2008 |
| £81,000 | 4 Oct 1996 |
| £85,000 | 31 May 1995 |
| 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 January 2023 the House Price Index for WEST MIDLANDS was 149.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -0.871%.Applying this -0.871% change to the original purchase price of £133,000 results in an estimated price of approximately £131,841.
| 30 Jan 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.3 | 148.0 | -0.871 % | £133,000 | £-1,158 | £131,841 |
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 | -29.126 % | £-38,737 | £94,262 |
| 3 Month Average | -32.650 % | £-43,424 | £89,575 |
| 6 Month Average | -14.302 % | £-19,021 | £113,978 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £815,427 | £800,000 | FLAT 4 VICTORIA HOUSE, 1 GROVE ROAD |
| 30 Jan 2023 | £131,842 | £133,000 | FLAT 4 THE CEDARS, 21 DOWNING CLOSE |
| 12 Sep 2022 | £419,893 | £425,000 | 5 DOWNING CLOSE |
| 25 Aug 2022 | £1,191,946 | £1,200,000 | 209 STATION ROAD |
| 25 Jul 2022 | £424,426 | £425,000 | 3 DOWNING CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Downing Close |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Downing Close |
| Apr 2024 | Vehicle crime | Under investigation | On or near Woodside Crescent |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Woodside Crescent |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Woodside Crescent |