£184,260
This estimated value is based upon the latest sale price for the house of £187,000 on 21 Oct 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £187,000 | 21 Oct 2022 |
| 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 October 2022 the House Price Index for WEST MIDLANDS was 150.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -1.465%.Applying this -1.465% change to the original purchase price of £187,000 results in an estimated price of approximately £184,260.
| 21 Oct 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.2 | 148.0 | -1.465 % | £187,000 | £-2,739 | £184,260 |
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 | -5.583 % | £-10,440 | £176,559 |
| 3 Month Average | -9.577 % | £-17,909 | £169,090 |
| 6 Month Average | -8.837 % | £-16,525 | £170,474 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jul 2023 | £87,831 | £87,000 | 81 NORBURY CRESCENT |
| 4 Apr 2023 | £141,048 | £140,000 | 178 HILTON ROAD |
| 17 Mar 2023 | £196,060 | £195,000 | 19 FLORENCE AVENUE |
| 17 Feb 2023 | £196,570 | £197,500 | 73 SPRING ROAD |
| 17 Feb 2023 | £181,641 | £182,500 | 4 DRESDEN CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Dresden Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dresden Close |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Dresden Close |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Dresden Close |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Dresden Close |