£138,490
This estimated value is based upon the latest sale price for the house of £79,750 on 8 Jun 2006. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £79,750 | 8 Jun 2006 |
| £69,900 | 19 Dec 2003 |
| £35,000 | 1 Jul 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 45 sq meters or 484 sq feet |
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 2006 the House Price Index for WEST MIDLANDS was 85.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 73.656%.Applying this 73.656% change to the original purchase price of £79,750 results in an estimated price of approximately £138,490.
| 8 Jun 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.6 | 148.6 | 73.656 % | £79,750 | £58,740 | £138,490 |
The Postcode Pricing Model uses changes in average sales price within the WV14 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 | 78.883 % | £62,908 | £142,658 |
| 3 Month Average | 42.630 % | £33,997 | £113,747 |
| 6 Month Average | 55.727 % | £44,442 | £124,192 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jun 2022 | £71,003 | £70,000 | 43 WESTON DRIVE |
| 24 Feb 2022 | £89,139 | £85,000 | 12 MORVILLE CROFT |
| 16 Nov 2021 | £357,981 | £331,000 | 6 ACTON GROVE |
| 15 Oct 2021 | £66,389 | £60,000 | 17 MORVILLE CROFT |
| 10 Sep 2021 | £80,819 | £75,000 | 20 MORVILLE CROFT |
This house has a floor area of 45 sq meters or 484 sq feet when measured on 10 Apr 2015. Using an estimated price of £138,491 means this house is valued at £3,077 per sq meter (£285 per sq foot).
The average size of a house on MORVILLE CROFT is 63 sq meters (683 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Morville Croft |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Chelwood Gardens |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Acton Grove |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Upton Gardens |
| Feb 2024 | Other theft | Under investigation | On or near Upton Gardens |