£198,275
This estimated value is based upon the latest sale price for the house of £124,950 on 16 Apr 2008. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £124,950 | 16 Apr 2008 |
| 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 April 2008 the House Price Index for WEST MIDLANDS was 93.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.684%.Applying this 58.684% change to the original purchase price of £124,950 results in an estimated price of approximately £198,275.
| 16 Apr 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.6 | 148.6 | 58.684 % | £124,950 | £73,325 | £198,275 |
The Postcode Pricing Model uses changes in average sales price within the WV10 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 | 45.348 % | £56,662 | £181,612 |
| 3 Month Average | 57.982 % | £72,448 | £197,398 |
| 6 Month Average | 66.104 % | £82,596 | £207,546 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Sep 2023 | £260,329 | £257,000 | 4 BURNHAM AVENUE |
| 24 Feb 2023 | £389,738 | £390,000 | 38 CAPSTONE AVENUE |
| 23 Jun 2022 | £238,369 | £235,000 | 35 LODGE ROAD |
| 25 Mar 2022 | £217,615 | £210,000 | 35 BURNHAM AVENUE |
| 4 Mar 2022 | £243,522 | £235,000 | 14 RIBBESFORD AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Awaiting court outcome | On or near Capstone Avenue |
| Feb 2024 | Drugs | Investigation complete; no suspect identified | On or near Lodge Road |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Lodge Road |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Lodge Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Burnham Avenue |