£256,665
This estimated value is based upon the latest sale price for the house of £68,500 on 7 Jul 2000. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £68,500 | 7 Jul 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 July 2000 the House Price Index for WEST MIDLANDS was 40.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 274.694%.Applying this 274.694% change to the original purchase price of £68,500 results in an estimated price of approximately £256,665.
| 7 Jul 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.0 | 149.7 | 274.694 % | £68,500 | £188,165 | £256,665 |
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 | 169.994 % | £116,446 | £184,946 |
| 3 Month Average | 271.330 % | £185,860 | £254,360 |
| 6 Month Average | 229.108 % | £156,939 | £225,439 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2023 | £173,240 | £170,000 | 12 GREENLY ROAD |
| 10 Mar 2023 | £167,802 | £165,000 | 22 VERONICA AVENUE |
| 10 Jun 2022 | £163,495 | £160,000 | 6 GREENLY ROAD |
| 14 Apr 2022 | £165,988 | £160,000 | 39 MALINS ROAD |
| 17 Feb 2022 | £179,598 | £170,000 | 526 WOLVERHAMPTON ROAD EAST |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Veronica Avenue |
| May 2024 | Public order | Under investigation | On or near Veronica Avenue |
| Jun 2024 | Violence and sexual offences | Awaiting court outcome | On or near Greenly Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Greenly Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Olive Avenue |