£270,338
This estimated value is based upon the latest sale price for the house of £51,950 on 22 May 1997. 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 Snowdon Way
More crime details
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Price Paid | Date |
---|---|
£51,950 | 22 May 1997 |
Semi-Detached |
Leasehold |
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 1997 the House Price Index for WEST MIDLANDS was 28.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 420.381%.Applying this 420.381% change to the original purchase price of £51,950 results in an estimated price of approximately £270,338.
22 May 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
28.8 | 149.7 | 420.381 % | £51,950 | £218,388 | £270,338 |
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 | 471.870 % | £245,136 | £297,086 |
3 Month Average | 308.799 % | £160,421 | £212,371 |
6 Month Average | 307.510 % | £159,751 | £211,701 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Dec 2023 | £299,194 | £290,000 | 12 MILESTONE WAY |
15 Dec 2023 | £216,657 | £210,000 | 14 NEVIS GROVE |
4 Oct 2023 | £92,092 | £90,000 | 34 COTSWOLD GROVE |
29 Jun 2023 | £260,215 | £255,000 | 7 NEVIS GROVE |
17 Mar 2023 | £172,887 | £170,000 | 29 ROSEWOOD DRIVE |
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Burglary | Under investigation | On or near Snowdon Way |
Apr 2024 | Vehicle crime | Unable to prosecute suspect | On or near Essington Road |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cotswold Grove |
Jul 2024 | Anti-social behaviour | On or near Essington Road | |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rosewood Drive |