£120,989
This estimated value is based upon the latest sale price for the house of £33,000 on 17 Nov 2000. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £33,000 | 17 Nov 2000 |
| Semi-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 November 2000 the House Price Index for WEST MIDLANDS was 40.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 266.635%.Applying this 266.635% change to the original purchase price of £33,000 results in an estimated price of approximately £120,989.
| 17 Nov 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.8 | 149.7 | 266.635 % | £33,000 | £87,989 | £120,989 |
The Postcode Pricing Model uses changes in average sales price within the WV11 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 | 81.623 % | £26,935 | £59,935 |
| 3 Month Average | 228.082 % | £75,266 | £108,266 |
| 6 Month Average | 237.184 % | £78,270 | £111,270 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £210,643 | £206,000 | 396 LICHFIELD ROAD |
| 30 Jan 2023 | £210,563 | £210,000 | 97 OLINTHUS AVENUE |
| 25 Aug 2022 | £190,893 | £190,000 | 110 OLINTHUS AVENUE |
| 2 Aug 2022 | £163,766 | £163,000 | 100 OLINTHUS AVENUE |
| 24 Jun 2022 | £183,932 | £180,000 | 311 LICHFIELD ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Public order | Investigation complete; no suspect identified | On or near Lichfield Road |
| Jun 2024 | Other crime | Unable to prosecute suspect | On or near Lichfield Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lichfield Road |
| Jul 2024 | Anti-social behaviour | On or near Olinthus Avenue | |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Olinthus Avenue |