£281,296
This estimated value is based upon the latest sale price for the house of £54,950 on 28 Jul 1997. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £54,950 | 28 Jul 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 July 1997 the House Price Index for WEST MIDLANDS was 29.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 411.913%.Applying this 411.913% change to the original purchase price of £54,950 results in an estimated price of approximately £281,296.
| 28 Jul 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.2 | 149.7 | 411.913 % | £54,950 | £226,346 | £281,296 |
The Postcode Pricing Model uses changes in average sales price within the WV11 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 | 97.769 % | £53,724 | £108,674 |
| 3 Month Average | 244.014 % | £134,085 | £189,035 |
| 6 Month Average | 262.434 % | £144,207 | £199,157 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Oct 2023 | £245,578 | £240,000 | 20 THOMAS MASON CLOSE |
| 8 Sep 2023 | £296,537 | £290,000 | 11 SHEILA AVENUE |
| 27 Jan 2023 | £230,616 | £230,000 | 18 WOOTTON AVENUE |
| 30 Sep 2022 | £222,851 | £223,000 | 91 SPRINGHILL ROAD |
| 21 Jul 2022 | £267,177 | £264,500 | 208 SPRINGHILL ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Mercer Grove |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Thomas Mason Close |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Thomas Mason Close |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Thomas Mason Close |
| Jul 2024 | Burglary | Under investigation | On or near Janine Avenue |