£373,764
This estimated value is based upon the latest sale price for the house of £76,950 on 23 Jan 1998. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£76,950 | 23 Jan 1998 |
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 January 1998 the House Price Index for WEST MIDLANDS was 30.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 385.724%.Applying this 385.724% change to the original purchase price of £76,950 results in an estimated price of approximately £373,764.
23 Jan 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
30.8 | 149.7 | 385.724 % | £76,950 | £296,814 | £373,764 |
The Postcode Pricing Model uses changes in average sales price within the WV12 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 | 289.203 % | £222,542 | £299,492 |
3 Month Average | 236.505 % | £181,990 | £258,940 |
6 Month Average | 255.350 % | £196,492 | £273,442 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 May 2024 | £232,500 | £232,500 | 283 LICHFIELD ROAD |
15 Mar 2024 | £198,043 | £195,000 | 16 BROADMEADOWS CLOSE |
25 Aug 2023 | £257,647 | £253,000 | 4 BROADMEADOWS ROAD |
18 Aug 2023 | £178,214 | £175,000 | 271 LICHFIELD ROAD |
2 Sep 2022 | £217,854 | £218,000 | 169 SNEYD LANE |
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Crab Lane | |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Crab Lane |
Jun 2024 | Robbery | Awaiting court outcome | On or near Fletcher Road |
May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Fletcher Road |
May 2024 | Anti-social behaviour | On or near Fletcher Road |