£281,619
This estimated value is based upon the latest sale price for the house of £282,000 on 13 Jul 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £282,000 | 13 Jul 2022 |
| Semi-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 2022 the House Price Index for WEST MIDLANDS was 148.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -0.135%.Applying this -0.135% change to the original purchase price of £282,000 results in an estimated price of approximately £281,619.
| 13 Jul 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 148.0 | -0.135 % | £282,000 | £-380 | £281,619 |
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 | -35.163 % | £-99,159 | £182,840 |
| 3 Month Average | -17.977 % | £-50,695 | £231,304 |
| 6 Month Average | -11.210 % | £-31,610 | £250,389 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £303,848 | £302,000 | 13 FOXHILLS ROAD |
| 30 Jun 2023 | £342,729 | £339,950 | 10 NORTON CLOSE |
| 20 Jun 2023 | £312,534 | £310,000 | 326 WARSTONES ROAD |
| 17 Mar 2023 | £351,902 | £350,000 | 25 SPRINGHILL GROVE |
| 17 Mar 2023 | £281,522 | £280,000 | 73 HILSTON AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Unable to prosecute suspect | On or near Springhill Avenue |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Hilston Avenue |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Larkswood Drive |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Petrol Station |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Petrol Station |