£313,751
This estimated value is based upon the latest sale price for the house of £70,000 on 9 Mar 1999. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £70,000 | 9 Mar 1999 |
| 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 March 1999 the House Price Index for WEST MIDLANDS was 33.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 348.216%.Applying this 348.216% change to the original purchase price of £70,000 results in an estimated price of approximately £313,751.
| 9 Mar 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 33.2 | 148.6 | 348.216 % | £70,000 | £243,751 | £313,751 |
The Postcode Pricing Model uses changes in average sales price within the WV11 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 | 342.870 % | £240,008 | £310,008 |
| 3 Month Average | 234.919 % | £164,443 | £234,443 |
| 6 Month Average | 327.951 % | £229,565 | £299,565 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £217,811 | £214,000 | 19 SOUTH AVENUE |
| 28 Nov 2023 | £101,503 | £100,000 | 41 TORRIDGE DRIVE |
| 5 Jun 2023 | £192,330 | £190,000 | 58 GRAISELEY LANE |
| 21 Feb 2023 | £174,882 | £175,000 | 51 GRAISELEY LANE |
| 16 Jan 2023 | £204,039 | £205,000 | 28 FREDERICK ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Rookery Street |
| Mar 2024 | Anti-social behaviour | On or near Rookery Street | |
| Feb 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Rookery Street |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Rookery Street |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Rookery Street |