£48,026
This estimated value is based upon the latest sale price for the house of £47,000 on 17 Jun 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £47,000 | 17 Jun 2022 |
| £53,950 | 6 Mar 2020 |
| 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 June 2022 the House Price Index for WEST MIDLANDS was 146.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.184%.Applying this 2.184% change to the original purchase price of £47,000 results in an estimated price of approximately £48,026.
| 17 Jun 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 149.7 | 2.184 % | £47,000 | £1,026 | £48,026 |
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 | 143.482 % | £67,436 | £114,436 |
| 3 Month Average | 6.148 % | £2,889 | £49,889 |
| 6 Month Average | -2.052 % | £-964 | £46,035 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Oct 2023 | £306,972 | £300,000 | 67 REDNAL ROAD |
| 4 Oct 2023 | £143,254 | £140,000 | FLAT 8 WOODLEIGH COURT REDDITCH 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 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Downland Close |
| Sep 2024 | Other theft | Unable to prosecute suspect | On or near Downland Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Downland Close |
| Aug 2024 | Robbery | Investigation complete; no suspect identified | On or near Downland Close |
| Jun 2024 | Anti-social behaviour | On or near Downland Close |