£221,195
This estimated value is based upon the latest sale price for the house of £159,995 on 29 Jan 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Laurel Grove
More crime details
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| Price Paid | Date |
|---|---|
| £159,995 | 29 Jan 2016 |
| 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 January 2016 the House Price Index for WEST MIDLANDS was 108.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 38.251%.Applying this 38.251% change to the original purchase price of £159,995 results in an estimated price of approximately £221,195.
| 29 Jan 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 149.7 | 38.251 % | £159,995 | £61,200 | £221,195 |
The Postcode Pricing Model uses changes in average sales price within the WV14 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 | 179.278 % | £286,835 | £446,830 |
| 3 Month Average | 64.259 % | £102,811 | £262,806 |
| 6 Month Average | 56.063 % | £89,698 | £249,693 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £174,428 | £170,000 | 9 ELDER ROAD |
| 21 Apr 2023 | £183,431 | £180,000 | 4 LAUREL GROVE |
| 28 Jun 2022 | £166,560 | £163,000 | 41 SORREL DRIVE |
| 1 Jun 2022 | £180,866 | £177,000 | 4 TILIA GROVE |
| 27 May 2022 | £169,414 | £165,000 | 15 ELDER ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Under investigation | On or near Laurel Grove |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Laurel Grove |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hemlock Way |
| Jul 2024 | Other crime | Under investigation | On or near Tilia Grove |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Tilia Grove |