£449,632
This estimated value is based upon the latest sale price for the house of £120,000 on 20 Jul 2000. 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 | 20 Jul 2000 |
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 July 2000 the House Price Index for WEST MIDLANDS was 40.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 274.694%.Applying this 274.694% change to the original purchase price of £120,000 results in an estimated price of approximately £449,632.
20 Jul 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
40.0 | 149.7 | 274.694 % | £120,000 | £329,632 | £449,632 |
The Postcode Pricing Model uses changes in average sales price within the WV4 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 | 169.994 % | £203,993 | £323,993 |
3 Month Average | 271.330 % | £325,595 | £445,595 |
6 Month Average | 229.108 % | £274,930 | £394,930 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Apr 2024 | £277,409 | £275,000 | 85 LINKS ROAD |
3 Apr 2024 | £297,584 | £295,000 | 44 LINKS ROAD |
1 Mar 2024 | £304,681 | £300,000 | 10 SAFFRON GARDENS |
3 Nov 2023 | £461,720 | £450,000 | 245 MOUNT ROAD |
15 Sep 2023 | £284,266 | £278,000 | 118 MOUNT ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Saffron Gardens |
May 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Saffron Gardens |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Orchard Grove |
Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Links Road |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Links Road |