£53,515
This estimated value is based upon the latest sale price for the house of £21,840 on 24 Feb 2003. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £21,840 | 24 Feb 2003 |
| Terraced |
| 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 2003 the House Price Index for WEST MIDLANDS was 60.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 145.035%.Applying this 145.035% change to the original purchase price of £21,840 results in an estimated price of approximately £53,515.
| 24 Feb 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 60.6 | 148.6 | 145.035 % | £21,840 | £31,675 | £53,515 |
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 | 240.564 % | £52,539 | £74,379 |
| 3 Month Average | 165.061 % | £36,049 | £57,889 |
| 6 Month Average | 176.095 % | £38,459 | £60,299 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £189,659 | £188,000 | 24 SPRINGFIELD ROAD |
| 24 Jul 2023 | £142,924 | £141,000 | 32 BURTON ROAD |
| 6 Apr 2023 | £135,459 | £134,000 | 19 BROAD GAUGE WAY |
| 23 Mar 2023 | £85,808 | £85,000 | 129 SPRINGFIELD ROAD |
| 30 Sep 2022 | £223,198 | £225,000 | 85 SPRINGFIELD ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Burton Crescent |
| Feb 2024 | Violence and sexual offences | Local resolution | On or near Burton Crescent |
| Feb 2024 | Violence and sexual offences | Local resolution | On or near Burton Crescent |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Burton Crescent |
| Mar 2024 | Criminal damage and arson | Awaiting court outcome | On or near Wednesfield Road |