£316,269
This estimated value is based upon the latest sale price for the house of £156,950 on 28 May 2004. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £156,950 | 28 May 2004 |
| 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 May 2004 the House Price Index for WEST MIDLANDS was 73.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 101.510%.Applying this 101.510% change to the original purchase price of £156,950 results in an estimated price of approximately £316,269.
| 28 May 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 73.7 | 148.6 | 101.510 % | £156,950 | £159,319 | £316,269 |
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 | 147.801 % | £231,973 | £388,923 |
| 3 Month Average | 105.434 % | £165,479 | £322,429 |
| 6 Month Average | 112.971 % | £177,307 | £334,257 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Jun 2022 | £253,584 | £250,000 | 40 LINGFIELD AVENUE |
| 20 May 2022 | £241,551 | £237,000 | 8 LINGFIELD AVENUE |
| 19 Apr 2022 | £363,004 | £352,500 | 24 SPRINGFIELD LANE |
| 30 Nov 2021 | £443,421 | £410,000 | 37 SPRINGFIELD LANE |
| 5 Aug 2021 | £242,646 | £217,500 | 72 TAUNTON AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Wetherby Close |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Wetherby Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Springfield Lane |
| Apr 2024 | Other theft | Under investigation | On or near Broadlands |
| Apr 2024 | Vehicle crime | Under investigation | On or near Broadlands |