£199,844
This estimated value is based upon the latest sale price for the house of £123,500 on 12 Apr 2007. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £123,500 | 12 Apr 2007 |
| £77,750 | 24 Feb 2004 |
| 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 April 2007 the House Price Index for WEST MIDLANDS was 92.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 61.818%.Applying this 61.818% change to the original purchase price of £123,500 results in an estimated price of approximately £199,844.
| 12 Apr 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.5 | 149.7 | 61.818 % | £123,500 | £76,344 | £199,844 |
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 | 19.008 % | £23,474 | £146,974 |
| 3 Month Average | 55.355 % | £68,363 | £191,863 |
| 6 Month Average | 58.376 % | £72,094 | £195,594 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Apr 2024 | £221,927 | £220,000 | 527 CANNOCK ROAD |
| 11 Mar 2024 | £194,996 | £192,000 | 410 CANNOCK ROAD |
| 17 Mar 2023 | £132,208 | £130,000 | 11 VICTORIA ROAD |
| 24 Feb 2023 | £191,278 | £190,000 | 17 VICTORIA ROAD |
| 29 Nov 2022 | £114,141 | £114,675 | 19 WARREN AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Robbery | Unable to prosecute suspect | On or near Shawbury Road |
| Apr 2024 | Violence and sexual offences | Offender given a caution | On or near Shawbury Road |
| Jun 2024 | Violence and sexual offences | Awaiting court outcome | On or near Lambert Road |