£302,016
This estimated value is based upon the latest sale price for the house of £141,500 on 6 Feb 2004. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£141,500 | 6 Feb 2004 |
£73,000 | 30 Jun 1999 |
£67,000 | 27 Jun 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 February 2004 the House Price Index for WEST MIDLANDS was 70.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 113.439%.Applying this 113.439% change to the original purchase price of £141,500 results in an estimated price of approximately £302,016.
6 Feb 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
70.1 | 149.7 | 113.439 % | £141,500 | £160,516 | £302,016 |
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 | 133.654 % | £189,120 | £330,620 |
3 Month Average | 115.231 % | £163,052 | £304,552 |
6 Month Average | 110.879 % | £156,893 | £298,393 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Jun 2023 | £58,166 | £57,000 | 60A MARLBOROUGH ROAD |
4 May 2022 | £224,858 | £219,000 | 7 CALDER RISE |
11 Apr 2022 | £223,046 | £215,000 | 15 MARLBOROUGH ROAD |
4 Feb 2022 | £306,373 | £290,000 | 16 ETON CLOSE |
4 Feb 2022 | £160,582 | £152,000 | 8 MARLBOROUGH ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Eton Close |
Jul 2024 | Vehicle crime | Unable to prosecute suspect | On or near Eton Close |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Eton Close |
May 2024 | Violence and sexual offences | Under investigation | On or near Ratcliffe Close |
May 2024 | Other crime | Unable to prosecute suspect | On or near Tipton Road |