£191,388
This estimated value is based upon the latest sale price for the house of £46,500 on 5 Nov 1999. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £46,500 | 5 Nov 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 November 1999 the House Price Index for WEST MIDLANDS was 36.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 311.588%.Applying this 311.588% change to the original purchase price of £46,500 results in an estimated price of approximately £191,388.
| 5 Nov 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 36.4 | 149.7 | 311.588 % | £46,500 | £144,888 | £191,388 |
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 | 357.406 % | £166,193 | £212,693 |
| 3 Month Average | 287.849 % | £133,850 | £180,350 |
| 6 Month Average | 286.517 % | £133,230 | £179,730 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Sep 2023 | £291,424 | £285,000 | 6 PARKLANDS ROAD |
| 18 Aug 2023 | £178,214 | £175,000 | 28 HARDING STREET |
| 25 Jan 2023 | £151,405 | £151,000 | 39 SKIDMORE ROAD |
| 28 Sep 2022 | £9,993 | £10,000 | 22 REDWOOD ROAD |
| 5 Aug 2022 | £168,789 | £168,000 | 36 SKIDMORE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Fieldview Close |
| Jun 2024 | Other theft | Unable to prosecute suspect | On or near Fieldview Close |
| Jul 2024 | Bicycle theft | Unable to prosecute suspect | On or near Supermarket |
| Jul 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Supermarket |