£111,941
This estimated value is based upon the latest sale price for the house of £34,700 on 19 Nov 2001. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £34,700 | 19 Nov 2001 |
| 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 November 2001 the House Price Index for WEST MIDLANDS was 46.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 222.599%.Applying this 222.599% change to the original purchase price of £34,700 results in an estimated price of approximately £111,941.
| 19 Nov 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 46.4 | 149.7 | 222.599 % | £34,700 | £77,241 | £111,941 |
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 | 167.096 % | £57,982 | £92,682 |
| 3 Month Average | 236.205 % | £81,962 | £116,662 |
| 6 Month Average | 239.601 % | £83,141 | £117,841 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £239,871 | £232,500 | 59 BARBEL DRIVE |
| 11 Aug 2023 | £90,635 | £89,000 | 71 BARBEL DRIVE |
| 14 Mar 2023 | £91,529 | £90,000 | 72 BARBEL DRIVE |
| 18 Nov 2022 | £228,930 | £230,000 | 15 BARBEL DRIVE |
| 12 Aug 2022 | £145,681 | £145,000 | 310 WOLVERHAMPTON ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Perch Close |
| Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Bream Close |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bream Close |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bream Close |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bream Close |