£327,549
This estimated value is based upon the latest sale price for the house of £175,950 on 11 Mar 2005. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £175,950 | 11 Mar 2005 |
| £85,000 | 9 Aug 1999 |
| 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 March 2005 the House Price Index for WEST MIDLANDS was 79.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 86.160%.Applying this 86.160% change to the original purchase price of £175,950 results in an estimated price of approximately £327,549.
| 11 Mar 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.8 | 148.6 | 86.160 % | £175,950 | £151,599 | £327,549 |
The Postcode Pricing Model uses changes in average sales price within the WV3 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 | 111.290 % | £195,814 | £371,764 |
| 3 Month Average | 48.057 % | £84,556 | £260,506 |
| 6 Month Average | 36.535 % | £64,283 | £240,233 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £199,960 | £197,000 | 19 ROWAN CRESCENT |
| 13 Nov 2023 | £218,231 | £215,000 | 27 OXBARN AVENUE |
| 25 Jul 2023 | £187,524 | £185,000 | 30 ROWAN CRESCENT |
| 7 Jul 2023 | £263,547 | £260,000 | 47 OXBARN AVENUE |
| 20 May 2022 | £217,091 | £213,000 | 27 HAZEL ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Rowan Crescent |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Langley Gardens |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Laurel Grove |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Laurel Grove |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Laurel Grove |