£68,349
This estimated value is based upon the latest sale price for the house of £55,000 on 21 Dec 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £55,000 | 21 Dec 2018 |
| £65,000 | 29 Jun 2018 |
| Terraced |
| 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 December 2018 the House Price Index for WEST MIDLANDS was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.271%.Applying this 24.271% change to the original purchase price of £55,000 results in an estimated price of approximately £68,349.
| 21 Dec 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.271 % | £55,000 | £13,349 | £68,349 |
The Postcode Pricing Model uses changes in average sales price within the WV2 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 | 168.887 % | £92,887 | £147,887 |
| 3 Month Average | 23.553 % | £12,954 | £67,954 |
| 6 Month Average | 32.189 % | £17,703 | £72,703 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £136,183 | £135,000 | 18 MYATT AVENUE |
| 23 Nov 2023 | £199,053 | £194,000 | 2 WILLCOCK ROAD |
| 27 Sep 2023 | £163,607 | £160,000 | 24 PARKFIELD CRESCENT |
| 14 Jun 2023 | £183,477 | £179,800 | 1 WILLCOCK ROAD |
| 1 Jun 2023 | £136,230 | £133,500 | 140 DIXON STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Martin'S Close |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near St Martin'S Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Parkfield Grove |
| Jul 2024 | Anti-social behaviour | On or near Parkfield Grove | |
| Jul 2024 | Drugs | Under investigation | On or near Parkfield Grove |