£244,756
This estimated value is based upon the latest sale price for the house of £215,000 on 27 May 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £215,000 | 27 May 2021 |
| 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 2021 the House Price Index for WEST MIDLANDS was 131.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 13.840%.Applying this 13.840% change to the original purchase price of £215,000 results in an estimated price of approximately £244,756.
| 27 May 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 131.5 | 149.7 | 13.840 % | £215,000 | £29,756 | £244,756 |
The Postcode Pricing Model uses changes in average sales price within the WV11 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 | -0.789 % | £-1,695 | £213,304 |
| 3 Month Average | 0.918 % | £1,973 | £216,973 |
| 6 Month Average | 6.015 % | £12,933 | £227,933 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Mar 2024 | £160,465 | £158,000 | 18 VICTORIA ROAD |
| 4 Sep 2023 | £173,832 | £170,000 | 3 VICTORIA ROAD |
| 1 Sep 2023 | £178,945 | £175,000 | 12 VICTORIA ROAD |
| 18 Aug 2023 | £168,031 | £165,000 | 97 VICTORIA ROAD |
| 9 Aug 2023 | £320,786 | £315,000 | 123 VICARAGE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Victoria Road |
| Aug 2024 | Anti-social behaviour | On or near Victoria Road | |
| Aug 2024 | Anti-social behaviour | On or near Victoria Road | |
| Jul 2024 | Vehicle crime | Unable to prosecute suspect | On or near Victoria Road |
| Oct 2024 | Vehicle crime | Under investigation | On or near School Road |