£78,057
This estimated value is based upon the latest sale price for the house of £46,000 on 31 Jan 2012. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £46,000 | 31 Jan 2012 |
| £53,950 | 2 Jun 2004 |
| £40,000 | 30 Jan 2004 |
| 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 2012 the House Price Index for WEST MIDLANDS was 86.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 69.690%.Applying this 69.690% change to the original purchase price of £46,000 results in an estimated price of approximately £78,057.
| 31 Jan 2012 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.5 | 146.7 | 69.690 % | £46,000 | £32,057 | £78,057 |
The Postcode Pricing Model uses changes in average sales price within the DY2 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 | 69.763 % | £32,090 | £78,090 |
| 3 Month Average | 65.764 % | £30,251 | £76,251 |
| 6 Month Average | 72.318 % | £33,266 | £79,266 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Drugs | Investigation complete; no suspect identified | On or near Mousesweet Lane |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Norton Crescent |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Norton Crescent |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Norton Crescent |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Molyneux Road |