£175,072
This estimated value is based upon the latest sale price for the house of £91,000 on 16 Sep 2004. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £91,000 | 16 Sep 2004 |
| £37,995 | 20 Feb 1998 |
| £22,500 | 26 Jan 1996 |
| 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 September 2004 the House Price Index for WEST MIDLANDS was 77.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 92.387%.Applying this 92.387% change to the original purchase price of £91,000 results in an estimated price of approximately £175,072.
| 16 Sep 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 77.8 | 149.7 | 92.387 % | £91,000 | £84,072 | £175,072 |
The Postcode Pricing Model uses changes in average sales price within the WV4 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 | 53.683 % | £48,851 | £139,851 |
| 3 Month Average | 90.403 % | £82,266 | £173,266 |
| 6 Month Average | 68.508 % | £62,342 | £153,342 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £263,084 | £255,000 | 9 MOUNT ROAD |
| 10 Nov 2023 | £241,121 | £235,000 | 31 BEACH AVENUE |
| 9 Mar 2023 | £137,801 | £135,500 | 8 LANE ROAD |
| 23 Feb 2023 | £216,446 | £215,000 | 3 MOUNT ROAD |
| 27 Jan 2023 | £188,504 | £188,000 | 18 BEACH AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other theft | Unable to prosecute suspect | On or near Brough Close |
| Jun 2024 | Other crime | Unable to prosecute suspect | On or near Brough Close |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Baker Avenue |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Lane Road |
| Jun 2024 | Vehicle crime | Under investigation | On or near Bowen Avenue |