£162,613
This estimated value is based upon the latest sale price for the house of £36,000 on 5 Feb 1999. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £36,000 | 5 Feb 1999 |
| 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 February 1999 the House Price Index for WEST MIDLANDS was 32.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 351.705%.Applying this 351.705% change to the original purchase price of £36,000 results in an estimated price of approximately £162,613.
| 5 Feb 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.9 | 148.6 | 351.705 % | £36,000 | £126,613 | £162,613 |
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 | 196.516 % | £70,745 | £106,745 |
| 3 Month Average | 272.637 % | £98,149 | £134,149 |
| 6 Month Average | 260.232 % | £93,683 | £129,683 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £207,655 | £205,000 | 3 GRIFFITHS ROAD |
| 18 Aug 2023 | £176,544 | £175,000 | 271 LICHFIELD ROAD |
| 24 Feb 2023 | £259,825 | £260,000 | 63 HEATH ROAD |
| 27 Jan 2023 | £250,818 | £252,000 | 18 HEATH ROAD |
| 20 Jan 2023 | £169,203 | £170,000 | 2 GRIFFITHS ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Fletcher Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Fletcher Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fletcher Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fletcher Road |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Griffiths Road |