£125,254
This estimated value is based upon the latest sale price for the house of £73,000 on 15 Sep 2006. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £73,000 | 15 Sep 2006 |
| £40,000 | 23 May 2003 |
| 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 September 2006 the House Price Index for WEST MIDLANDS was 87.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.582%.Applying this 71.582% change to the original purchase price of £73,000 results in an estimated price of approximately £125,254.
| 15 Sep 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.2 | 149.7 | 71.582 % | £73,000 | £52,254 | £125,254 |
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 | 163.288 % | £119,200 | £192,200 |
| 3 Month Average | 77.482 % | £56,561 | £129,561 |
| 6 Month Average | 91.014 % | £66,440 | £139,440 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £272,365 | £270,000 | 19 ELM FARM ROAD |
| 31 Oct 2023 | £204,648 | £200,000 | 16 ELM FARM ROAD |
| 29 Jun 2023 | £22,766,237 | £22,310,000 | THE SYCAMORES JOHNSON STREET |
| 25 Feb 2022 | £132,057 | £125,000 | 12 BROWN STREET |
| 29 Oct 2021 | £169,430 | £152,000 | 32 ELM FARM ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Brown Street |
| Jun 2024 | Robbery | Under investigation | On or near Brown Street |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Brown Street |
| Jul 2024 | Shoplifting | Unable to prosecute suspect | On or near Birmingham Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Birmingham Road |