£179,208
This estimated value is based upon the latest sale price for the house of £127,500 on 15 Feb 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£127,500 | 15 Feb 2019 |
£92,500 | 28 May 2004 |
£48,000 | 24 Nov 2000 |
£40,000 | 27 Mar 1998 |
Terraced |
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 February 2019 the House Price Index for WEST MIDLANDS was 72.0.
The House Price Index as of 1 Dec 2024 is 101.2 which is a change of 40.556%.Applying this 40.556% change to the original purchase price of £127,500 results in an estimated price of approximately £179,208.
15 Feb 2019 | 1 Dec 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
72.0 | 101.2 | 40.556 % | £127,500 | £51,708 | £179,208 |
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 | 50.223 % | £64,034 | £191,534 |
3 Month Average | 38.207 % | £48,713 | £176,213 |
6 Month Average | 41.461 % | £52,863 | £180,363 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Dec 2024 | £185,000 | £185,000 | 7 DENISE DRIVE |
1 Dec 2023 | £167,798 | £161,000 | 26 MOUNT PLEASANT STREET |
3 Nov 2023 | £165,850 | £159,950 | 528 BIRMINGHAM NEW ROAD |
14 Mar 2023 | £230,699 | £225,000 | 30 DENISE DRIVE |
2 Mar 2023 | £148,673 | £145,000 | 3 MOUNT PLEASANT STREET |
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Evergreen Close |
Dec 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hampton Street |
Jan 2025 | Burglary | Under investigation | On or near Denise Drive |
Jan 2025 | Vehicle crime | Investigation complete; no suspect identified | On or near Jevon Street |
Nov 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Jevon Street |