£217,772
This estimated value is based upon the latest sale price for the house of £175,000 on 22 Feb 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £175,000 | 22 Feb 2019 |
| 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 February 2019 the House Price Index for WEST MIDLANDS was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.441%.Applying this 24.441% change to the original purchase price of £175,000 results in an estimated price of approximately £217,772.
| 22 Feb 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.441 % | £175,000 | £42,772 | £217,772 |
The Postcode Pricing Model uses changes in average sales price within the WV10 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 | -11.642 % | £-20,373 | £154,626 |
| 3 Month Average | 22.943 % | £40,151 | £215,151 |
| 6 Month Average | 23.452 % | £41,040 | £216,040 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £235,041 | £233,000 | 6 WHEATON CLOSE |
| 18 Dec 2023 | £206,340 | £200,000 | 3 WHEATON CLOSE |
| 23 Aug 2023 | £191,453 | £188,000 | 27 OXLEY AVENUE |
| 15 Aug 2023 | £84,321 | £82,800 | 194 STAFFORD ROAD |
| 7 Aug 2023 | £132,388 | £130,000 | 70 DONINGTON GROVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wheaton Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Parking Area |
| May 2024 | Other crime | Unable to prosecute suspect | On or near Parking Area |