£392,437
This estimated value is based upon the latest sale price for the house of £87,950 on 11 May 1999. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£87,950 | 11 May 1999 |
£79,000 | 1 Aug 1997 |
Detached |
Leasehold |
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 May 1999 the House Price Index for WEST MIDLANDS was 33.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 346.205%.Applying this 346.205% change to the original purchase price of £87,950 results in an estimated price of approximately £392,437.
11 May 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
33.5 | 149.7 | 346.205 % | £87,950 | £304,487 | £392,437 |
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 | 204.741 % | £180,069 | £268,019 |
3 Month Average | 249.319 % | £219,276 | £307,226 |
6 Month Average | 276.348 % | £243,047 | £330,997 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Jul 2024 | £295,000 | £295,000 | 49 LONGMEADOW DRIVE |
22 Mar 2024 | £316,361 | £311,500 | 162 NORTHWAY |
20 Oct 2023 | £245,578 | £240,000 | 24 LONGMEADOW DRIVE |
30 Jan 2023 | £255,683 | £255,000 | 132 NORTHWAY |
20 Oct 2022 | £269,101 | £270,000 | 160 NORTHWAY |
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Robbery | Under investigation | On or near Alderbrook Close |
Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Green Acres |
May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Aylesford Close |
Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Penns Wood Close |
Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Melford Close |