£223,169
This estimated value is based upon the latest sale price for the house of £120,000 on 10 Jun 2005. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £120,000 | 10 Jun 2005 |
| £44,950 | 28 Dec 1995 |
| 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 June 2005 the House Price Index for WEST MIDLANDS was 80.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 85.975%.Applying this 85.975% change to the original purchase price of £120,000 results in an estimated price of approximately £223,169.
| 10 Jun 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.5 | 149.7 | 85.975 % | £120,000 | £103,169 | £223,169 |
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 | 44.597 % | £53,516 | £173,516 |
| 3 Month Average | 65.240 % | £78,287 | £198,287 |
| 6 Month Average | 62.375 % | £74,850 | £194,850 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £219,846 | £215,000 | 37 BEMBRIDGE CLOSE |
| 21 Apr 2023 | £81,525 | £80,000 | 14 REDWOOD WAY |
| 31 Mar 2023 | £183,057 | £180,000 | 7 SANDALWOOD CLOSE |
| 30 Nov 2022 | £388,185 | £390,000 | 25 GOREY CLOSE |
| 12 Aug 2022 | £210,987 | £210,000 | 24 BEMBRIDGE CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Kington Close |
| Oct 2024 | Anti-social behaviour | On or near Gorey Close | |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Gorey Close |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sandalwood Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rosewood Drive |