£225,815
This estimated value is based upon the latest sale price for the house of £59,000 on 20 Apr 2000. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Markham Drive
More crime details
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| Price Paid | Date |
|---|---|
| £59,000 | 20 Apr 2000 |
| £70,000 | 28 Jun 1996 |
| 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 April 2000 the House Price Index for WEST MIDLANDS was 39.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 282.739%.Applying this 282.739% change to the original purchase price of £59,000 results in an estimated price of approximately £225,815.
| 20 Apr 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 39.1 | 149.7 | 282.739 % | £59,000 | £166,815 | £225,815 |
The Postcode Pricing Model uses changes in average sales price within the DY6 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 | 273.695 % | £161,480 | £220,480 |
| 3 Month Average | 264.990 % | £156,344 | £215,344 |
| 6 Month Average | 233.137 % | £137,550 | £196,550 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £229,554 | £222,500 | 9 NEWFIELD DRIVE |
| 11 Sep 2023 | £327,213 | £320,000 | 122 LESLEY DRIVE |
| 29 Mar 2023 | £340,690 | £335,000 | 1 CUMBERLAND CLOSE |
| 15 Mar 2023 | £390,013 | £383,500 | 34 CUMBERLAND CLOSE |
| 16 Sep 2021 | £377,778 | £348,000 | 14 CUMBERLAND CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Under investigation | On or near Markham Drive |
| Jul 2024 | Burglary | Under investigation | On or near Newfield Drive |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Wellington Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stream Road |
| Jul 2024 | Anti-social behaviour | On or near Stream Road |