£210,833
This estimated value is based upon the latest sale price for the house of £205,000 on 26 May 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £205,000 | 26 May 2023 |
| Semi-Detached |
| Leasehold |
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 2023 the House Price Index for WEST MIDLANDS was 98.4.
The House Price Index as of 1 Dec 2024 is 101.2 which is a change of 2.846%.Applying this 2.846% change to the original purchase price of £205,000 results in an estimated price of approximately £210,833.
| 26 May 2023 | 1 Dec 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.4 | 101.2 | 2.846 % | £205,000 | £5,833 | £210,833 |
The Postcode Pricing Model uses changes in average sales price within the WV12 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 | -18.770 % | £-38,479 | £166,520 |
| 3 Month Average | -8.488 % | £-17,400 | £187,599 |
| 6 Month Average | 6.106 % | £12,518 | £217,518 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 May 2024 | £173,602 | £170,000 | 32 ARUNDEL ROAD |
| 26 May 2023 | £210,833 | £205,000 | 125 BALMORAL DRIVE |
| 12 Dec 2022 | £196,750 | £195,000 | 72 LICHFIELD ROAD |
| 30 Sep 2022 | £181,796 | £180,000 | 41 CANNOCK ROAD |
| 12 Aug 2022 | £211,341 | £208,000 | 49 BALMORAL DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2025 | Violence and sexual offences | Under investigation | On or near Sandringham Avenue |
| Jan 2025 | Vehicle crime | Unable to prosecute suspect | On or near A462 |
| Jan 2025 | Criminal damage and arson | Under investigation | On or near A462 |
| Jan 2025 | Vehicle crime | Investigation complete; no suspect identified | On or near Nottingham Drive |
| Jan 2025 | Burglary | Under investigation | On or near Nottingham Drive |