£141,500
This estimated value is based upon the latest sale price for the house of £141,500 on 15 Mar 2024. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £141,500 | 15 Mar 2024 |
| 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 2024 the House Price Index for WEST MIDLANDS was 148.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.000%.Applying this 0.000% change to the original purchase price of £141,500 results in an estimated price of approximately £141,500.
| 15 Mar 2024 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.6 | 148.6 | 0.000 % | £141,500 | £0 | £141,500 |
The Postcode Pricing Model uses changes in average sales price within the WV12 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 | -31.939 % | £-45,193 | £96,306 |
| 3 Month Average | -0.435 % | £-616 | £140,883 |
| 6 Month Average | 1.688 % | £2,388 | £143,888 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £141,500 | £141,500 | 21 LYNWOOD CLOSE |
| 25 Aug 2023 | £255,233 | £253,000 | 4 BROADMEADOWS ROAD |
| 18 Aug 2023 | £176,544 | £175,000 | 271 LICHFIELD ROAD |
| 23 Jan 2023 | £341,392 | £343,000 | 300 LICHFIELD ROAD |
| 2 Sep 2022 | £216,254 | £218,000 | 169 SNEYD LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Petrol Station |
| Feb 2024 | Anti-social behaviour | On or near Petrol Station | |
| Feb 2024 | Anti-social behaviour | On or near Petrol Station | |
| Feb 2024 | Anti-social behaviour | On or near Petrol Station |