£454,228
This estimated value is based upon the latest sale price for the house of £96,950 on 18 Dec 1998. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £96,950 | 18 Dec 1998 |
| 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 December 1998 the House Price Index for WEST MIDLANDS was 21.6.
The House Price Index as of 1 Dec 2024 is 101.2 which is a change of 368.518%.Applying this 368.518% change to the original purchase price of £96,950 results in an estimated price of approximately £454,228.
| 18 Dec 1998 | 1 Dec 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 21.6 | 101.2 | 368.518 % | £96,950 | £357,278 | £454,228 |
The Postcode Pricing Model uses changes in average sales price within the WV14 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 | 375.641 % | £364,183 | £461,133 |
| 3 Month Average | 314.176 % | £304,593 | £401,543 |
| 6 Month Average | 314.177 % | £304,595 | £401,545 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Nov 2024 | £190,565 | £190,000 | 24 GEORGE ROAD |
| 1 Nov 2024 | £220,654 | £220,000 | 3 GEORGE ROAD |
| 18 Jul 2024 | £282,419 | £276,000 | 43 FLAVELL AVENUE |
| 9 Jul 2024 | £312,093 | £305,000 | 14 LORDSMORE CLOSE |
| 8 Jul 2024 | £296,744 | £290,000 | 11 SEAGULL BAY DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cox Road |
| Dec 2024 | Violence and sexual offences | Under investigation | On or near Cox Road |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cox Road |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cox Road |
| Jan 2025 | Shoplifting | Under investigation | On or near Summer Hill Road |