£87,224
This estimated value is based upon the latest sale price for the house of £70,000 on 10 Aug 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £70,000 | 10 Aug 2018 |
| £83,000 | 9 Jun 2015 |
| £100,000 | 21 Aug 2009 |
| 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 August 2018 the House Price Index for WEST MIDLANDS was 120.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.606%.Applying this 24.606% change to the original purchase price of £70,000 results in an estimated price of approximately £87,224.
| 10 Aug 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 149.7 | 24.606 % | £70,000 | £17,224 | £87,224 |
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 | -34.894 % | £-24,425 | £45,574 |
| 3 Month Average | 23.357 % | £16,349 | £86,349 |
| 6 Month Average | 23.175 % | £16,222 | £86,222 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Apr 2022 | £184,661 | £178,000 | 158 NEACHELLS LANE |
| 11 Mar 2022 | £224,446 | £215,000 | 159 WOOD END ROAD |
| 18 Jan 2022 | £148,428 | £140,000 | 54 HIGH STREET |
| 30 Nov 2021 | £177,047 | £162,500 | 10 PINFOLD GARDENS |
| 18 Jun 2021 | £113,491 | £105,000 | 90 WOOD END ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Robbery | Under investigation | On or near Duke Street |
| Jul 2024 | Robbery | Investigation complete; no suspect identified | On or near Duke Street |
| Jul 2024 | Anti-social behaviour | On or near Duke Street | |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Duke Street |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Duke Street |