£187,434
This estimated value is based upon the latest sale price for the house of £148,000 on 15 Dec 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £148,000 | 15 Dec 2017 |
| £108,000 | 27 Jul 2012 |
| £54,000 | 17 Sep 1999 |
| Terraced |
| 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 December 2017 the House Price Index for WEST MIDLANDS was 118.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.645%.Applying this 26.645% change to the original purchase price of £148,000 results in an estimated price of approximately £187,434.
| 15 Dec 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 149.7 | 26.645 % | £148,000 | £39,434 | £187,434 |
The Postcode Pricing Model uses changes in average sales price within the DY3 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 | 4.653 % | £6,885 | £154,885 |
| 3 Month Average | 27.502 % | £40,703 | £188,703 |
| 6 Month Average | 32.944 % | £48,756 | £196,756 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Jul 2024 | £192,500 | £192,500 | 32 THE QUADRANT |
| 8 Sep 2023 | £230,072 | £225,000 | 4 GIBBONS HILL ROAD |
| 3 Feb 2023 | £186,244 | £185,000 | 35 SPRINGFIELD GROVE |
| 27 Jan 2023 | £124,332 | £124,000 | 33 THE WALK |
| 24 Nov 2022 | £199,069 | £200,000 | 1B THE WYND |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Westfield Road |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Westfield Road |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Westfield Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Westfield Road |
| May 2024 | Anti-social behaviour | On or near Elgin Close |