£257,088
This estimated value is based upon the latest sale price for the house of £109,950 on 23 May 2003. 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 Silvester Way
More crime details
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Price Paid | Date |
---|---|
£109,950 | 23 May 2003 |
£62,950 | 27 Aug 1999 |
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 May 2003 the House Price Index for WEST MIDLANDS was 62.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 133.823%.Applying this 133.823% change to the original purchase price of £109,950 results in an estimated price of approximately £257,088.
23 May 2003 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
62.7 | 146.7 | 133.823 % | £109,950 | £147,138 | £257,088 |
The Postcode Pricing Model uses changes in average sales price within the DY5 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 | 93.262 % | £102,541 | £212,491 |
3 Month Average | 92.892 % | £102,134 | £212,084 |
6 Month Average | 103.470 % | £113,765 | £223,715 |
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Silvester Way |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Waterside View |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lisko Close |
Mar 2024 | Burglary | Under investigation | On or near Amelas Close |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Amelas Close |