£196,959
This estimated value is based upon the latest sale price for the house of £50,500 on 31 Mar 2000. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There have been two burglaries within the last year on or near Rakegate Close
More crime details
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| Price Paid | Date |
|---|---|
| £50,500 | 31 Mar 2000 |
| £45,000 | 26 Sep 1997 |
| 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 2000 the House Price Index for WEST MIDLANDS was 38.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 290.019%.Applying this 290.019% change to the original purchase price of £50,500 results in an estimated price of approximately £196,959.
| 31 Mar 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 38.4 | 149.7 | 290.019 % | £50,500 | £146,459 | £196,959 |
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 | 185.487 % | £93,670 | £144,170 |
| 3 Month Average | 293.634 % | £148,285 | £198,785 |
| 6 Month Average | 281.786 % | £142,302 | £192,802 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £276,981 | £269,950 | 36 OXLEY MOOR ROAD |
| 25 Sep 2023 | £176,900 | £173,000 | 46 OXLEY MOOR ROAD |
| 22 Aug 2023 | £254,592 | £250,000 | 66 PROBERT ROAD |
| 7 Jun 2023 | £193,885 | £190,000 | 64 PROBERT ROAD |
| 2 Jun 2023 | £198,988 | £195,000 | 1 OXLEY MOOR ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Rakegate Close |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Rakegate Close |
| May 2024 | Burglary | Unable to prosecute suspect | On or near Rakegate Close |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rakegate Close |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Rakegate Close |