£183,242
This estimated value is based upon the latest sale price for the house of £110,000 on 22 Aug 2013. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £110,000 | 22 Aug 2013 |
| 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 August 2013 the House Price Index for WEST MIDLANDS was 89.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 66.584%.Applying this 66.584% change to the original purchase price of £110,000 results in an estimated price of approximately £183,242.
| 22 Aug 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.9 | 149.7 | 66.584 % | £110,000 | £73,242 | £183,242 |
The Postcode Pricing Model uses changes in average sales price within the B42 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 | 43.659 % | £48,024 | £158,024 |
| 3 Month Average | 52.746 % | £58,020 | £168,020 |
| 6 Month Average | 58.665 % | £64,531 | £174,531 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £226,971 | £225,000 | 185 ROCKY LANE |
| 16 Nov 2023 | £174,428 | £170,000 | 176 ROCKY LANE |
| 27 Oct 2023 | £191,857 | £187,500 | 206 ROCKY LANE |
| 2 Aug 2023 | £189,416 | £186,000 | 209 ROCKY LANE |
| 9 Mar 2023 | £185,091 | £182,000 | 234 ROCKY LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Rocky Lane |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Rocky Lane |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Dorrington Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dorrington Road |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Carmodale Avenue |