£616,158
This estimated value is based upon the latest sale price for the house of £220,000 on 8 Jul 2002. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £220,000 | 8 Jul 2002 |
| £198,000 | 4 Feb 2000 |
| 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 July 2002 the House Price Index for WEST MIDLANDS was 53.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 180.072%.Applying this 180.072% change to the original purchase price of £220,000 results in an estimated price of approximately £616,158.
| 8 Jul 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 53.1 | 148.6 | 180.072 % | £220,000 | £396,158 | £616,158 |
The Postcode Pricing Model uses changes in average sales price within the WV3 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 | 216.476 % | £476,248 | £696,248 |
| 3 Month Average | 127.075 % | £279,564 | £499,564 |
| 6 Month Average | 136.421 % | £300,126 | £520,126 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Jul 2023 | £167,251 | £165,000 | 124 CASTLECROFT ROAD |
| 13 Apr 2022 | £175,581 | £170,500 | 3 BAGRIDGE CLOSE |
| 10 Dec 2021 | £444,622 | £415,000 | 83 WINDSOR GARDENS |
| 16 Sep 2021 | £234,915 | £218,000 | 10 BAGRIDGE ROAD |
| 11 Jun 2021 | £557,921 | £520,000 | 1 LAMORNA CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Lamorna Close | |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lamorna Close |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Lamorna Close |
| Feb 2024 | Robbery | Investigation complete; no suspect identified | On or near Lamorna Close |
| Jan 2024 | Anti-social behaviour | On or near Lamorna Close |