£278,370
This estimated value is based upon the latest sale price for the house of £57,500 on 13 Feb 1998. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £57,500 | 13 Feb 1998 |
| 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 1998 the House Price Index for WEST MIDLANDS was 30.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 384.123%.Applying this 384.123% change to the original purchase price of £57,500 results in an estimated price of approximately £278,370.
| 13 Feb 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.9 | 149.7 | 384.123 % | £57,500 | £220,870 | £278,370 |
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 | 225.686 % | £129,769 | £187,269 |
| 3 Month Average | 322.622 % | £185,507 | £243,007 |
| 6 Month Average | 340.132 % | £195,575 | £253,075 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £174,428 | £170,000 | 30 CANNOCK ROAD |
| 30 Oct 2023 | £168,835 | £165,000 | 17 THE RIDDINGS |
| 2 Oct 2023 | £201,578 | £197,000 | 71 NEWBOLDS ROAD |
| 22 Sep 2023 | £239,275 | £234,000 | 104 NEWBOLDS ROAD |
| 25 Aug 2023 | £213,857 | £210,000 | 554 CANNOCK ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Riddings |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near The Riddings |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near The Riddings |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near The Riddings |
| May 2024 | Public order | Under investigation | On or near The Riddings |