£150,818
This estimated value is based upon the latest sale price for the house of £100,000 on 10 Oct 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£100,000 | 10 Oct 2014 |
£111,000 | 9 Mar 2007 |
£115,000 | 20 Jun 2005 |
Flats/Maisonettes |
Leasehold |
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 October 2014 the House Price Index for WEST MIDLANDS was 99.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.819%.Applying this 50.819% change to the original purchase price of £100,000 results in an estimated price of approximately £150,818.
10 Oct 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.3 | 149.7 | 50.819 % | £100,000 | £50,818 | £150,818 |
The Postcode Pricing Model uses changes in average sales price within the WV12 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 | 76.654 % | £76,653 | £176,653 |
3 Month Average | 42.037 % | £42,036 | £142,036 |
6 Month Average | 43.234 % | £43,233 | £143,233 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Oct 2023 | £112,556 | £110,000 | FLAT 3 7 BENTLEY LANE |
31 Aug 2023 | £117,112 | £115,000 | FLAT 17 7 BENTLEY LANE |
31 Mar 2023 | £142,378 | £140,000 | 31 BENTLEY LANE |
17 Mar 2023 | £190,684 | £187,500 | 45 BENTLEY LANE |
16 Feb 2023 | £60,403 | £60,000 | 46 BLOXWICH ROAD NORTH |
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Public order | Unable to prosecute suspect | On or near Petrol Station |
Jul 2024 | Criminal damage and arson | Under investigation | On or near Stourmore Close |
Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Stourmore Close |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Stourmore Close |
Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Stourmore Close |