£121,351
This estimated value is based upon the latest sale price for the house of £47,500 on 13 Dec 2002. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £47,500 | 13 Dec 2002 |
| £17,500 | 11 Jun 1998 |
| 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 December 2002 the House Price Index for WEST MIDLANDS was 58.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 155.477%.Applying this 155.477% change to the original purchase price of £47,500 results in an estimated price of approximately £121,351.
| 13 Dec 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 58.6 | 149.7 | 155.477 % | £47,500 | £73,851 | £121,351 |
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 | 22.490 % | £10,682 | £58,182 |
| 3 Month Average | 84.858 % | £40,307 | £87,807 |
| 6 Month Average | 143.647 % | £68,232 | £115,732 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £193,980 | £191,000 | 1 HACKFORD ROAD |
| 1 Nov 2023 | £86,188 | £84,000 | 157 HILTON ROAD |
| 31 Oct 2023 | £71,627 | £70,000 | 149 HILTON ROAD |
| 15 Sep 2023 | £230,072 | £225,000 | 9 BEVERLEY CRESCENT |
| 25 Aug 2023 | £159,884 | £157,000 | 2 HILTON ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Public order | Action to be taken by another organisation | On or near Needwood Drive |
| Aug 2024 | Other theft | Unable to prosecute suspect | On or near Needwood Drive |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Needwood Drive |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Needwood Drive |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Needwood Drive |