£163,002
This estimated value is based upon the latest sale price for the house of £105,000 on 31 Jan 2008. 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 Rayleigh Road
More crime details
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| Price Paid | Date |
|---|---|
| £105,000 | 31 Jan 2008 |
| 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 2008 the House Price Index for WEST MIDLANDS was 95.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 55.240%.Applying this 55.240% change to the original purchase price of £105,000 results in an estimated price of approximately £163,002.
| 31 Jan 2008 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.3 | 148.0 | 55.240 % | £105,000 | £58,002 | £163,002 |
The Postcode Pricing Model uses changes in average sales price within the WV3 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 | -43.059 % | £-45,211 | £59,788 |
| 3 Month Average | 36.278 % | £38,091 | £143,091 |
| 6 Month Average | 17.928 % | £18,824 | £123,824 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £130,468 | £128,000 | 84 RAYLEIGH ROAD |
| 30 Nov 2023 | £192,471 | £190,000 | 25 RAYLEIGH ROAD |
| 26 Apr 2023 | £110,824 | £110,000 | 223 MERRIDALE STREET WEST |
| 6 Feb 2023 | £168,155 | £168,950 | 52 RAYLEIGH ROAD |
| 19 Jan 2023 | £183,389 | £185,000 | 32 RAYLEIGH ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Rayleigh Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rayleigh Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rayleigh Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rayleigh Road |
| Feb 2024 | Burglary | Unable to prosecute suspect | On or near Rayleigh Road |