£174,680
This estimated value is based upon the latest sale price for the house of £110,000 on 5 Jul 2007. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £110,000 | 5 Jul 2007 |
| £105,000 | 10 Jan 2007 |
| £97,000 | 22 Jul 2005 |
| £55,000 | 14 Sep 2004 |
| 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 July 2007 the House Price Index for WEST MIDLANDS was 94.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.801%.Applying this 58.801% change to the original purchase price of £110,000 results in an estimated price of approximately £174,680.
| 5 Jul 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.3 | 149.7 | 58.801 % | £110,000 | £64,680 | £174,680 |
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 | -25.795 % | £-28,374 | £81,625 |
| 3 Month Average | 17.508 % | £19,258 | £129,258 |
| 6 Month Average | 54.709 % | £60,179 | £170,179 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £190,865 | £185,000 | 1 BEACONSFIELD DRIVE |
| 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 |
| 6 Jun 2022 | £168,604 | £165,000 | 6 BEACONSFIELD DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Drugs | Under investigation | On or near New Street |
| Aug 2024 | Possession of weapons | Unable to prosecute suspect | On or near New Street |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Beaconsfield Drive |
| Oct 2024 | Other theft | Unable to prosecute suspect | On or near A4039 |
| Aug 2024 | Anti-social behaviour | On or near A4039 |