£357,369
This estimated value is based upon the latest sale price for the house of £290,000 on 22 Oct 2018. 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 Parking Area
More crime details
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| Price Paid | Date |
|---|---|
| £290,000 | 22 Oct 2018 |
| 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 October 2018 the House Price Index for WEST MIDLANDS was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.231%.Applying this 23.231% change to the original purchase price of £290,000 results in an estimated price of approximately £357,369.
| 22 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.231 % | £290,000 | £67,369 | £357,369 |
The Postcode Pricing Model uses changes in average sales price within the WV10 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 | 76.767 % | £222,625 | £512,625 |
| 3 Month Average | 31.730 % | £92,017 | £382,017 |
| 6 Month Average | 31.188 % | £90,443 | £380,443 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Apr 2022 | £206,990 | £201,000 | 28 MARSH LANE |
| 11 Mar 2022 | £218,651 | £211,000 | 553 STAFFORD ROAD |
| 9 Mar 2022 | £162,693 | £157,000 | 39 MCLEAN ROAD |
| 22 Dec 2021 | £128,565 | £120,000 | 527 STAFFORD ROAD |
| 23 Sep 2021 | £188,579 | £175,000 | 32 MCLEAN ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Parking Area |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Parking Area |
| Apr 2024 | Shoplifting | Under investigation | On or near Marsh Lane Parade |
| Mar 2024 | Shoplifting | Awaiting court outcome | On or near Marsh Lane Parade |
| Mar 2024 | Shoplifting | Under investigation | On or near Marsh Lane Parade |