£268,689
This estimated value is based upon the latest sale price for the house of £150,000 on 7 Nov 2008. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £150,000 | 7 Nov 2008 |
| 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 November 2008 the House Price Index for WEST MIDLANDS was 83.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 79.126%.Applying this 79.126% change to the original purchase price of £150,000 results in an estimated price of approximately £268,689.
| 7 Nov 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.0 | 148.6 | 79.126 % | £150,000 | £118,689 | £268,689 |
The Postcode Pricing Model uses changes in average sales price within the B71 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 | -9.896 % | £-14,843 | £135,156 |
| 3 Month Average | 44.268 % | £66,401 | £216,401 |
| 6 Month Average | 66.710 % | £100,065 | £250,065 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2023 | £181,959 | £180,000 | 15 VOWLES ROAD |
| 24 Feb 2023 | £219,852 | £220,000 | 8 VOWLES ROAD |
| 27 Jan 2023 | £238,875 | £240,000 | 1 SOMERSET ROAD |
| 13 Jan 2023 | £202,048 | £203,000 | 8 WESTMORLAND ROAD |
| 7 Jun 2022 | £131,356 | £129,500 | 49 VOWLES ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other crime | Under investigation | On or near Vowles Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Vowles Road |
| Mar 2024 | Drugs | Awaiting court outcome | On or near Westley Court |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Westley Court |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Westley Court |