£298,409
This estimated value is based upon the latest sale price for the house of £109,950 on 20 Sep 2002. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £109,950 | 20 Sep 2002 |
| 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 September 2002 the House Price Index for WEST MIDLANDS was 55.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 171.405%.Applying this 171.405% change to the original purchase price of £109,950 results in an estimated price of approximately £298,409.
| 20 Sep 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 55.2 | 149.7 | 171.405 % | £109,950 | £188,459 | £298,409 |
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 | 202.221 % | £222,342 | £332,292 |
| 3 Month Average | 163.818 % | £180,117 | £290,067 |
| 6 Month Average | 167.317 % | £183,964 | £293,914 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £215,000 | £215,000 | 87 RAINBOW STREET |
| 17 Nov 2023 | £99,526 | £97,000 | 31 POOLE CRESCENT |
| 6 Oct 2023 | £226,136 | £221,000 | 11 DICKENS ROAD |
| 8 Mar 2023 | £148,480 | £146,000 | 34 SIDDONS ROAD |
| 9 Sep 2022 | £119,920 | £120,000 | 16 SIDDONS ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Castings |
| Apr 2024 | Anti-social behaviour | On or near Siddons Road | |
| Apr 2024 | Anti-social behaviour | On or near Siddons Road | |
| Apr 2024 | Anti-social behaviour | On or near Siddons Road | |
| Apr 2024 | Anti-social behaviour | On or near Siddons Road |