£81,755
This estimated value is based upon the latest sale price for the house of £70,000 on 26 Nov 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £70,000 | 26 Nov 2020 |
| £81,000 | 26 Feb 2010 |
| £85,000 | 21 Dec 2004 |
| 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 November 2020 the House Price Index for WEST MIDLANDS was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £70,000 results in an estimated price of approximately £81,755.
| 26 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 149.7 | 16.794 % | £70,000 | £11,755 | £81,755 |
The Postcode Pricing Model uses changes in average sales price within the B38 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 | 160.272 % | £112,190 | £182,190 |
| 3 Month Average | 28.155 % | £19,708 | £89,708 |
| 6 Month Average | 13.062 % | £9,143 | £79,143 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Oct 2023 | £306,972 | £300,000 | 67 REDNAL ROAD |
| 22 Sep 2023 | £427,422 | £418,000 | 29 REDNAL ROAD |
| 3 Feb 2023 | £74,498 | £74,000 | FLAT 17 THE SPINNEY, 101 REDDITCH ROAD |
| 25 Jan 2023 | £57,153 | £57,000 | FLAT 9 THE SPINNEY, 101 REDDITCH ROAD |
| 4 Nov 2022 | £69,674 | £70,000 | FLAT 20 THE SPINNEY, 101 REDDITCH ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Granshaw Close |
| Jun 2024 | Public order | Unable to prosecute suspect | On or near Granshaw Close |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Kings Gate |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Kings Gate |
| Sep 2024 | Other theft | Unable to prosecute suspect | On or near Downland Close |