£384,243
This estimated value is based upon the latest sale price for the house of £88,000 on 28 Jul 1999. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Millichip Road
More crime details
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| Price Paid | Date |
|---|---|
| £88,000 | 28 Jul 1999 |
| 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 1999 the House Price Index for WEST MIDLANDS was 34.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 336.640%.Applying this 336.640% change to the original purchase price of £88,000 results in an estimated price of approximately £384,243.
| 28 Jul 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 34.3 | 149.7 | 336.640 % | £88,000 | £296,243 | £384,243 |
The Postcode Pricing Model uses changes in average sales price within the WV13 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 | 174.146 % | £153,248 | £241,248 |
| 3 Month Average | 273.125 % | £240,349 | £328,349 |
| 6 Month Average | 278.568 % | £245,140 | £333,140 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £246,251 | £240,000 | 33 CEDAR ROAD |
| 14 Nov 2023 | £374,506 | £365,000 | 600 WILLENHALL ROAD |
| 27 Oct 2023 | £194,416 | £190,000 | 31 CEDAR ROAD |
| 18 Oct 2023 | £215,904 | £211,000 | 604 WILLENHALL ROAD |
| 30 Jun 2023 | £198,988 | £195,000 | 4 HILL ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Millichip Road | |
| Jun 2024 | Burglary | Under investigation | On or near Millichip Road |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Millichip Road |
| Jun 2024 | Anti-social behaviour | On or near Millichip Road | |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Millichip Road |