£479,078
This estimated value is based upon the latest sale price for the house of £300,000 on 18 May 2007. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £300,000 | 18 May 2007 |
| £70,000 | 28 Sep 2000 |
| 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 2007 the House Price Index for WEST MIDLANDS was 93.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 59.693%.Applying this 59.693% change to the original purchase price of £300,000 results in an estimated price of approximately £479,078.
| 18 May 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.1 | 148.6 | 59.693 % | £300,000 | £179,078 | £479,078 |
The Postcode Pricing Model uses changes in average sales price within the WV13 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 | 72.983 % | £218,949 | £518,949 |
| 3 Month Average | 57.757 % | £173,271 | £473,271 |
| 6 Month Average | 51.666 % | £154,998 | £454,998 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £208,651 | £205,000 | 33 LAKESIDE CLOSE |
| 10 Nov 2023 | £232,441 | £229,000 | 98B NOOSE LANE |
| 25 Aug 2023 | £479,192 | £475,000 | 6 BEECH ROAD |
| 4 Aug 2023 | £151,324 | £150,000 | 5 LAKESIDE CLOSE |
| 2 Jun 2023 | £156,901 | £155,000 | 11 LAKESIDE CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sports/Recreation Area |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Sports/Recreation Area |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sports/Recreation Area |