£222,226
This estimated value is based upon the latest sale price for the house of £220,000 on 1 Jul 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £220,000 | 1 Jul 2022 |
| Terraced |
| 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 July 2022 the House Price Index for WEST MIDLANDS was 148.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.012%.Applying this 1.012% change to the original purchase price of £220,000 results in an estimated price of approximately £222,226.
| 1 Jul 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 149.7 | 1.012 % | £220,000 | £2,226 | £222,226 |
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 | 3.152 % | £6,934 | £226,934 |
| 3 Month Average | 6.160 % | £13,553 | £233,553 |
| 6 Month Average | 6.514 % | £14,329 | £234,329 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £218,901 | £217,000 | 193 LINTHOUSE LANE |
| 19 Dec 2023 | £229,038 | £222,000 | 1 SPRINGHILL ROAD |
| 8 Sep 2023 | £296,537 | £290,000 | 11 SHEILA AVENUE |
| 21 Jul 2022 | £267,177 | £264,500 | 208 SPRINGHILL ROAD |
| 12 Jul 2022 | £242,429 | £240,000 | 110 SPRINGHILL ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Duckhouse Road |
| Oct 2024 | Violence and sexual offences | Offender given a caution | On or near Sheila Avenue |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sudbury Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sudbury Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sudbury Close |