£217,170
This estimated value is based upon the latest sale price for the house of £53,500 on 10 Dec 1999. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Redstone Drive
More crime details
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| Price Paid | Date |
|---|---|
| £53,500 | 10 Dec 1999 |
| £47,500 | 12 Jun 1997 |
| Semi-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 1999 the House Price Index for WEST MIDLANDS was 36.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 305.926%.Applying this 305.926% change to the original purchase price of £53,500 results in an estimated price of approximately £217,170.
| 10 Dec 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 36.9 | 149.7 | 305.926 % | £53,500 | £163,670 | £217,170 |
The Postcode Pricing Model uses changes in average sales price within the WV11 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 | 243.456 % | £130,248 | £183,748 |
| 3 Month Average | 263.343 % | £140,888 | £194,388 |
| 6 Month Average | 254.691 % | £136,259 | £189,759 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £199,119 | £193,000 | 116 SILVERTON WAY |
| 30 Aug 2023 | £112,020 | £110,000 | 5 KERSLEY GARDENS |
| 30 Jun 2023 | £193,885 | £190,000 | 14 REDSTONE DRIVE |
| 21 Apr 2023 | £203,812 | £200,000 | 102 SILVERTON WAY |
| 28 Feb 2023 | £85,572 | £85,000 | 16 SMALLSHIRE CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Redstone Drive |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Silverton Way |
| Sep 2024 | Other crime | Unable to prosecute suspect | On or near Silverton Way |
| Oct 2024 | Shoplifting | Awaiting court outcome | On or near Holberg Grove |
| Oct 2024 | Shoplifting | Under investigation | On or near Holberg Grove |