£831,963
This estimated value is based upon the latest sale price for the house of £704,000 on 16 Oct 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £704,000 | 16 Oct 2020 |
| 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 October 2020 the House Price Index for WEST MIDLANDS was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £704,000 results in an estimated price of approximately £831,963.
| 16 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £704,000 | £127,963 | £831,963 |
The Postcode Pricing Model uses changes in average sales price within the WV14 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 | 60.694 % | £427,288 | £1,131,288 |
| 3 Month Average | 22.995 % | £161,885 | £865,885 |
| 6 Month Average | 25.375 % | £178,636 | £882,636 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £91,404 | £90,000 | 37 WESLEY STREET |
| 15 Dec 2023 | £181,580 | £176,000 | 135 BATMANS HILL ROAD |
| 17 Oct 2023 | £168,835 | £165,000 | 58 DEREHAM WALK |
| 16 Mar 2023 | £159,158 | £156,500 | 42 BRIERLEY LANE |
| 4 Jul 2022 | £150,003 | £148,500 | 66 BRIERLEY LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Marlborough Place |
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Marlborough Place |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wainwright Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wesley Street |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wesley Street |