£2,260,722
This estimated value is based upon the latest sale price for the house of £1,861,000 on 17 Jan 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £1,861,000 | 17 Jan 2020 |
| 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 January 2020 the House Price Index for WEST MIDLANDS was 121.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 21.479%.Applying this 21.479% change to the original purchase price of £1,861,000 results in an estimated price of approximately £2,260,722.
| 17 Jan 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 148.0 | 21.479 % | £1,861,000 | £399,722 | £2,260,722 |
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 | -20.699 % | £-385,211 | £1,475,788 |
| 3 Month Average | -3.992 % | £-74,286 | £1,786,713 |
| 6 Month Average | 5.167 % | £96,152 | £1,957,152 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Apr 2024 | £178,000 | £178,000 | 68 STOUR HILL |
| 3 Jul 2023 | £393,724 | £390,000 | 49 RADBOURNE DRIVE |
| 23 Jun 2023 | £252,044 | £250,000 | 24 STOUR HILL |
| 16 Jun 2023 | £166,349 | £165,000 | 43 MOGUL LANE |
| 24 Apr 2023 | £186,385 | £185,000 | 55 STOUR HILL |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Shopping Area |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Stour Hill |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Bower Lane |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Maypole Hill |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hill Street |