£237,824
This estimated value is based upon the latest sale price for the house of £55,000 on 27 Aug 1999. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £55,000 | 27 Aug 1999 |
| 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 August 1999 the House Price Index for WEST MIDLANDS was 34.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 332.409%.Applying this 332.409% change to the original purchase price of £55,000 results in an estimated price of approximately £237,824.
| 27 Aug 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 34.6 | 149.7 | 332.409 % | £55,000 | £182,824 | £237,824 |
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 | 219.206 % | £120,563 | £175,563 |
| 3 Month Average | 236.157 % | £129,886 | £184,886 |
| 6 Month Average | 259.498 % | £142,723 | £197,723 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Sep 2024 | £262,500 | £262,500 | 24 DORRINGTON ROAD |
| 9 Mar 2023 | £185,091 | £182,000 | 234 ROCKY LANE |
| 13 Sep 2022 | £190,373 | £190,500 | 54 DORRINGTON ROAD |
| 30 Jun 2022 | £229,915 | £225,000 | 164 WENSLEYDALE ROAD |
| 26 Apr 2022 | £202,297 | £195,000 | 193 ROCKY LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| 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 |
| 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 |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Coleraine Road |