£592,589
This estimated value is based upon the latest sale price for the house of £106,000 on 30 Aug 1996. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £106,000 | 30 Aug 1996 |
| 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 August 1996 the House Price Index for WEST MIDLANDS was 26.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 459.047%.Applying this 459.047% change to the original purchase price of £106,000 results in an estimated price of approximately £592,589.
| 30 Aug 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.8 | 149.7 | 459.047 % | £106,000 | £486,589 | £592,589 |
The Postcode Pricing Model uses changes in average sales price within the WV4 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 | 198.354 % | £210,254 | £316,254 |
| 3 Month Average | 326.134 % | £345,702 | £451,702 |
| 6 Month Average | 294.594 % | £312,269 | £418,269 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £188,279 | £183,500 | 8 SWAN BANK |
| 31 Oct 2023 | £166,788 | £163,000 | 57 BUTTS ROAD |
| 22 Aug 2023 | £193,490 | £190,000 | 15 BUTTS ROAD |
| 11 Apr 2022 | £165,988 | £160,000 | 7 BUTTS ROAD |
| 21 Jan 2022 | £439,982 | £415,000 | 11 VIRGINIA DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Amanda Avenue |
| Apr 2024 | Public order | Under investigation | On or near Rebecca Gardens |
| Jun 2024 | Violence and sexual offences | Offender given a caution | On or near Virginia Drive |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Butts Road |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Thurlstone Drive |