£240,200
This estimated value is based upon the latest sale price for the house of £78,000 on 15 Feb 2002. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £78,000 | 15 Feb 2002 |
| £59,995 | 18 Feb 2000 |
| £38,000 | 17 Mar 1995 |
| 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 February 2002 the House Price Index for WEST MIDLANDS was 48.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 207.949%.Applying this 207.949% change to the original purchase price of £78,000 results in an estimated price of approximately £240,200.
| 15 Feb 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 48.3 | 148.6 | 207.949 % | £78,000 | £162,200 | £240,200 |
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 | 136.680 % | £106,610 | £184,610 |
| 3 Month Average | 154.816 % | £120,756 | £198,756 |
| 6 Month Average | 196.313 % | £153,123 | £231,123 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £221,942 | £220,000 | 63 WILLOW AVENUE |
| 24 Jul 2023 | £229,083 | £226,000 | 58 BEECHWOOD AVENUE |
| 29 Mar 2023 | £201,902 | £200,000 | 74 BLACKHALVE LANE |
| 2 Mar 2023 | £243,292 | £241,000 | 57 WILLOW AVENUE |
| 18 Jan 2023 | £278,687 | £280,000 | 16 BLACKHALVE LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Shoplifting | Unable to prosecute suspect | On or near Petrol Station |
| Apr 2024 | Other theft | Under investigation | On or near Petrol Station |
| Apr 2024 | Other theft | Unable to prosecute suspect | On or near Petrol Station |
| Mar 2024 | Anti-social behaviour | On or near Petrol Station | |
| Mar 2024 | Anti-social behaviour | On or near Petrol Station |