£181,950
This estimated value is based upon the latest sale price for the house of £105,265 on 19 Aug 2011. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £105,265 | 19 Aug 2011 |
| £89,000 | 18 May 2007 |
| £50,000 | 28 Dec 2006 |
| Terraced |
| 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 2011 the House Price Index for WEST MIDLANDS was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.850%.Applying this 72.850% change to the original purchase price of £105,265 results in an estimated price of approximately £181,950.
| 19 Aug 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.850 % | £105,265 | £76,685 | £181,950 |
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 | 127.684 % | £134,407 | £239,672 |
| 3 Month Average | 69.421 % | £73,076 | £178,341 |
| 6 Month Average | 55.675 % | £58,605 | £163,870 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £170,017 | £167,500 | 39 DOUGLAS DAVIES CLOSE |
| 29 Sep 2023 | £101,295 | £100,000 | 3 BENTON CLOSE |
| 7 Sep 2023 | £187,396 | £185,000 | 57 STROUD AVENUE |
| 31 Aug 2023 | £169,483 | £168,000 | 5 RUDGE CLOSE |
| 26 Jun 2023 | £298,617 | £295,000 | 3 REDSAND CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Ernest Clarke Close |
| Dec 2023 | Violence and sexual offences | Local resolution | On or near Ernest Clarke Close |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Douglas Davies Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Douglas Davies Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Douglas Davies Close |