£223,102
This estimated value is based upon the latest sale price for the house of £50,000 on 25 May 1999. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £50,000 | 25 May 1999 |
| 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 May 1999 the House Price Index for WEST MIDLANDS was 33.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 346.205%.Applying this 346.205% change to the original purchase price of £50,000 results in an estimated price of approximately £223,102.
| 25 May 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 33.5 | 149.7 | 346.205 % | £50,000 | £173,102 | £223,102 |
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 | 77.278 % | £38,639 | £88,639 |
| 3 Month Average | 254.686 % | £127,342 | £177,342 |
| 6 Month Average | 263.539 % | £131,769 | £181,769 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Jun 2023 | £95,412 | £93,500 | 140 RIDGE LANE |
| 21 Apr 2023 | £239,479 | £235,000 | 203 WOOD END ROAD |
| 17 Apr 2023 | £283,299 | £278,000 | 184 WOOD END ROAD |
| 16 Mar 2023 | £274,586 | £270,000 | 28 MOATHOUSE LANE WEST |
| 17 Aug 2022 | £186,874 | £186,000 | 197 WOOD END ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Moathouse Lane West |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Mattox Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Jayne Close |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Jayne Close |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Jayne Close |