£178,250
This estimated value is based upon the latest sale price for the house of £114,000 on 20 Dec 2007. 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 Sherborne Road
More crime details
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| Price Paid | Date |
|---|---|
| £114,000 | 20 Dec 2007 |
| £35,000 | 23 Jul 1999 |
| Terraced |
| 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 December 2007 the House Price Index for WEST MIDLANDS was 95.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.360%.Applying this 56.360% change to the original purchase price of £114,000 results in an estimated price of approximately £178,250.
| 20 Dec 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.7 | 149.7 | 56.360 % | £114,000 | £64,250 | £178,250 |
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 | 10.870 % | £12,392 | £126,392 |
| 3 Month Average | 44.816 % | £51,090 | £165,090 |
| 6 Month Average | 48.463 % | £55,247 | £169,247 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Mar 2024 | £162,497 | £160,000 | 124 MORETON ROAD |
| 7 Mar 2024 | £154,372 | £152,000 | 121 SHERBORNE ROAD |
| 1 Nov 2023 | £194,949 | £190,000 | 48 ELSTON HALL LANE |
| 2 Oct 2023 | £163,718 | £160,000 | 68 ELSTON HALL LANE |
| 29 Sep 2023 | £174,855 | £171,000 | 73 ELSTON HALL LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sherborne Road |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Sherborne Road |
| Jun 2024 | Vehicle crime | Under investigation | On or near Elston Hall Lane |
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Elston Hall Lane |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Moreton Road |