£342,757
This estimated value is based upon the latest sale price for the house of £100,000 on 23 May 2001. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £100,000 | 23 May 2001 |
| 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 May 2001 the House Price Index for WEST MIDLANDS was 43.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 242.757%.Applying this 242.757% change to the original purchase price of £100,000 results in an estimated price of approximately £342,757.
| 23 May 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 43.4 | 148.6 | 242.757 % | £100,000 | £242,757 | £342,757 |
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 | 282.717 % | £282,716 | £382,716 |
| 3 Month Average | 210.417 % | £210,416 | £310,416 |
| 6 Month Average | 248.996 % | £248,996 | £348,996 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Mar 2023 | £151,427 | £150,000 | 18 HALL PARK STREET |
| 13 Jan 2023 | £161,240 | £162,000 | 155 WELLINGTON ROAD |
| 28 May 2022 | £128,420 | £126,000 | 22 BAILEY ROAD |
| 3 Feb 2022 | £180,375 | £172,000 | 242 WELLINGTON ROAD |
| 26 Nov 2021 | £108,151 | £100,000 | 222 WELLINGTON ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Further/Higher Educational Building |
| Apr 2024 | Other theft | Under investigation | On or near Further/Higher Educational Building |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Further/Higher Educational Building |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Further/Higher Educational Building |
| Jan 2024 | Bicycle theft | Unable to prosecute suspect | On or near Further/Higher Educational Building |