£201,738
This estimated value is based upon the latest sale price for the house of £47,000 on 27 Aug 1999. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£47,000 | 27 Aug 1999 |
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 August 1999 the House Price Index for WEST MIDLANDS was 34.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 329.231%.Applying this 329.231% change to the original purchase price of £47,000 results in an estimated price of approximately £201,738.
27 Aug 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
34.6 | 148.6 | 329.231 % | £47,000 | £154,738 | £201,738 |
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 | 394.799 % | £185,555 | £232,555 |
3 Month Average | 308.037 % | £144,777 | £191,777 |
6 Month Average | 327.609 % | £153,976 | £200,976 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Aug 2023 | £211,853 | £210,000 | 554 CANNOCK ROAD |
23 Aug 2023 | £243,127 | £241,000 | 11 OLD FALLINGS LANE |
26 Jul 2023 | £273,683 | £270,000 | 15 OLD FALLINGS LANE |
17 Mar 2023 | £232,188 | £230,000 | 45 CROFT LANE |
11 Jul 2022 | £175,472 | £175,000 | 3 CROFT LANE |
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Robbery | Under investigation | On or near Wolseley Close |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Croft Lane |
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Croft Lane |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Croft Lane |
Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Croft Lane |