£246,971
This estimated value is based upon the latest sale price for the house of £144,000 on 23 Jan 2010. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £144,000 | 23 Jan 2010 |
| £170,000 | 31 Mar 2006 |
| £123,950 | 9 Apr 2002 |
| Flats/Maisonettes |
| Leasehold |
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 January 2010 the House Price Index for WEST MIDLANDS was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.508%.Applying this 71.508% change to the original purchase price of £144,000 results in an estimated price of approximately £246,971.
| 23 Jan 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 148.6 | 71.508 % | £144,000 | £102,971 | £246,971 |
The Postcode Pricing Model uses changes in average sales price within the WV3 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 | 73.762 % | £106,217 | £250,217 |
| 3 Month Average | 34.214 % | £49,268 | £193,268 |
| 6 Month Average | 28.837 % | £41,525 | £185,525 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £141,859 | £139,950 | 9 SPRUCE WAY |
| 28 Jun 2023 | £313,801 | £310,000 | 11 THE PINES |
| 17 Feb 2023 | £159,892 | £160,000 | 11 WELLER COURT |
| 23 Jan 2023 | £283,664 | £285,000 | 15 SYCAMORE DRIVE |
| 11 Aug 2022 | £149,597 | £150,000 | 4 SPRUCE WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Walnut Drive |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Spruce Way |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Spruce Way |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Pines |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Fern Leys |