£185,290
This estimated value is based upon the latest sale price for the house of £150,000 on 15 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 |
|---|---|
| £150,000 | 15 Feb 2019 |
| 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 Mar 2024 is 148.6 which is a change of 23.527%.Applying this 23.527% change to the original purchase price of £150,000 results in an estimated price of approximately £185,290.
| 15 Feb 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.527 % | £150,000 | £35,290 | £185,290 |
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 | 49.771 % | £74,655 | £224,655 |
| 3 Month Average | 25.477 % | £38,215 | £188,215 |
| 6 Month Average | 26.320 % | £39,479 | £189,479 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £101,503 | £100,000 | 60 POWELL STREET |
| 3 Jul 2023 | £96,296 | £95,000 | 44 LESLIE ROAD |
| 16 Jun 2023 | £91,104 | £90,000 | 55 POWELL STREET |
| 31 Mar 2023 | £158,998 | £157,500 | UNIT 16 FALLINGS PARK INDUSTRIAL ESTATE |
| 27 Jul 2022 | £118,318 | £118,000 | 1 LESLIE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Possession of weapons | Under investigation | On or near Lockley Close |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lockley Close |
| Mar 2024 | Robbery | Investigation complete; no suspect identified | On or near Lockley Close |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lockley Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lockley Close |