£358,450
This estimated value is based upon the latest sale price for the house of £220,000 on 20 Mar 2007. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £220,000 | 20 Mar 2007 |
| 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 March 2007 the House Price Index for WEST MIDLANDS was 91.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 62.932%.Applying this 62.932% change to the original purchase price of £220,000 results in an estimated price of approximately £358,450.
| 20 Mar 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.9 | 149.7 | 62.932 % | £220,000 | £138,450 | £358,450 |
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 | 79.338 % | £174,543 | £394,543 |
| 3 Month Average | 48.179 % | £105,993 | £325,993 |
| 6 Month Average | 53.282 % | £117,221 | £337,221 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £139,000 | £139,000 | 151 STROUD AVENUE |
| 18 Dec 2023 | £211,499 | £205,000 | 6 HAZELWOOD GROVE |
| 5 Dec 2023 | £206,340 | £200,000 | 159 STROUD AVENUE |
| 26 Jun 2023 | £183,681 | £180,000 | 197 STROUD AVENUE |
| 6 Jan 2023 | £185,496 | £185,000 | 183 STROUD AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Under investigation | On or near Spindle Tree Rise |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Spindle Tree Rise |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Spindle Tree Rise |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Spindle Tree Rise |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Spindle Tree Rise |