£294,387
This estimated value is based upon the latest sale price for the house of £172,500 on 16 Jul 2010. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £172,500 | 16 Jul 2010 |
| Semi-Detached |
| 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 July 2010 the House Price Index for WEST MIDLANDS was 87.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.659%.Applying this 70.659% change to the original purchase price of £172,500 results in an estimated price of approximately £294,387.
| 16 Jul 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 149.7 | 70.659 % | £172,500 | £121,887 | £294,387 |
The Postcode Pricing Model uses changes in average sales price within the WV11 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 | -28.073 % | £-48,425 | £124,074 |
| 3 Month Average | 40.877 % | £70,512 | £243,012 |
| 6 Month Average | 47.201 % | £81,422 | £253,922 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £179,558 | £175,000 | 14 ELM AVENUE |
| 18 Aug 2023 | £238,298 | £234,000 | 109 MILL LANE |
| 3 Mar 2023 | £254,246 | £250,000 | 26 POPLAR AVENUE |
| 2 Feb 2023 | £276,849 | £275,000 | 112 MILL LANE |
| 9 Jan 2023 | £230,616 | £230,000 | 99 MILL LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other crime | Unable to prosecute suspect | On or near Mill Lane |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mill Lane |
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Mill Lane |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Mullett Road |
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Carlton Avenue |