£314,148
This estimated value is based upon the latest sale price for the house of £115,000 on 16 Aug 2002. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £115,000 | 16 Aug 2002 |
| 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 August 2002 the House Price Index for WEST MIDLANDS was 54.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 173.173%.Applying this 173.173% change to the original purchase price of £115,000 results in an estimated price of approximately £314,148.
| 16 Aug 2002 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 54.2 | 148.0 | 173.173 % | £115,000 | £199,148 | £314,148 |
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 | 76.568 % | £88,053 | £203,053 |
| 3 Month Average | 95.273 % | £109,563 | £224,563 |
| 6 Month Average | 126.200 % | £145,130 | £260,130 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Nov 2023 | £158,029 | £156,000 | 163 RUTLAND AVENUE |
| 7 Aug 2023 | £311,897 | £310,000 | 19 HILL CROFT GARDENS |
| 14 Jun 2023 | £231,880 | £230,000 | 31 TENBURY GARDENS |
| 30 Jan 2023 | £277,562 | £280,000 | 30 TENBURY GARDENS |
| 21 Nov 2022 | £226,330 | £230,000 | 26 BUCKLEY ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Rutland Avenue |
| Apr 2024 | Other theft | Under investigation | On or near Fancourt Avenue |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Hill Croft Gardens |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hill Croft Gardens |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Hill Croft Gardens |