£357,193
This estimated value is based upon the latest sale price for the house of £262,500 on 21 Mar 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £262,500 | 21 Mar 2016 |
| 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 March 2016 the House Price Index for WEST MIDLANDS was 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £262,500 results in an estimated price of approximately £357,193.
| 21 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 149.7 | 36.074 % | £262,500 | £94,693 | £357,193 |
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 | 5.511 % | £14,467 | £276,967 |
| 3 Month Average | 40.059 % | £105,156 | £367,656 |
| 6 Month Average | 46.628 % | £122,398 | £384,898 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £192,965 | £190,000 | 38 LEGS LANE |
| 17 Nov 2023 | £256,511 | £250,000 | 6 WEBLEY RISE |
| 13 Oct 2023 | £271,159 | £265,000 | 11 WISTWOOD HAYES |
| 14 Sep 2023 | £296,537 | £290,000 | 21 BRENTMILL CLOSE |
| 14 Feb 2023 | £261,748 | £260,000 | 60 WESTERING PARKWAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Legs Lane | |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Legs Lane |
| May 2024 | Criminal damage and arson | Under investigation | On or near Legs Lane |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Legs Lane |
| May 2024 | Public order | Unable to prosecute suspect | On or near Legs Lane |