£159,407
This estimated value is based upon the latest sale price for the house of £85,000 on 18 Mar 2005. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £85,000 | 18 Mar 2005 |
| £39,000 | 25 Feb 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 March 2005 the House Price Index for WEST MIDLANDS was 79.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 87.538%.Applying this 87.538% change to the original purchase price of £85,000 results in an estimated price of approximately £159,407.
| 18 Mar 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.8 | 149.7 | 87.538 % | £85,000 | £74,407 | £159,407 |
The Postcode Pricing Model uses changes in average sales price within the WV13 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 | 26.195 % | £22,265 | £107,265 |
| 3 Month Average | 49.627 % | £42,183 | £127,183 |
| 6 Month Average | 42.381 % | £36,023 | £121,023 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Mar 2024 | £164,020 | £161,500 | 23 NOOSE LANE |
| 17 Nov 2023 | £153,907 | £150,000 | 540 WILLENHALL ROAD |
| 14 Nov 2023 | £374,506 | £365,000 | 600 WILLENHALL ROAD |
| 18 Oct 2023 | £215,904 | £211,000 | 604 WILLENHALL ROAD |
| 30 Jun 2023 | £198,988 | £195,000 | 4 HILL ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Neachells Court |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Neachells Court |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Neachells Court |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Neachells Court |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Neachells Court |