£358,450
This estimated value is based upon the latest sale price for the house of £220,000 on 30 Mar 2007. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £220,000 | 30 Mar 2007 |
| 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 2007 the House Price Index for WEST MIDLANDS was 91.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 62.932%.Applying this 62.932% change to the original purchase price of £220,000 results in an estimated price of approximately £358,450.
| 30 Mar 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.9 | 149.7 | 62.932 % | £220,000 | £138,450 | £358,450 |
The Postcode Pricing Model uses changes in average sales price within the WS4 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 | 105.119 % | £231,261 | £451,261 |
| 3 Month Average | 58.541 % | £128,791 | £348,791 |
| 6 Month Average | 54.400 % | £119,679 | £339,679 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £358,517 | £347,500 | 24 ALDRIDGE ROAD |
| 29 Nov 2023 | £502,762 | £490,000 | 12 ALDRIDGE ROAD |
| 10 Nov 2023 | £359,116 | £350,000 | 10 STENCILLS ROAD |
| 30 Jun 2023 | £505,123 | £495,000 | 7 MELLISH DRIVE |
| 21 Jun 2023 | £413,282 | £405,000 | 15 FERNLEIGH ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Homestead Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Homestead Close |
| Jul 2024 | Drugs | Under investigation | On or near Homestead Close |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Fernleigh Road |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stencills Drive |