£340,653
This estimated value is based upon the latest sale price for the house of £317,500 on 29 Jun 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £317,500 | 29 Jun 2021 |
| 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 June 2021 the House Price Index for WEST MIDLANDS was 138.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.292%.Applying this 7.292% change to the original purchase price of £317,500 results in an estimated price of approximately £340,653.
| 29 Jun 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.6 | 7.292 % | £317,500 | £23,153 | £340,653 |
The Postcode Pricing Model uses changes in average sales price within the WV3 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 | 21.681 % | £68,838 | £386,338 |
| 3 Month Average | -0.163 % | £-516 | £316,983 |
| 6 Month Average | -6.580 % | £-20,891 | £296,608 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Jan 2023 | £294,115 | £295,500 | 23 CHESTNUT WAY |
| 31 Oct 2022 | £369,027 | £373,000 | 22 FIR TREE ROAD |
| 22 Jul 2022 | £329,888 | £329,000 | 3 WOODLAND CRESCENT |
| 24 Jun 2022 | £387,983 | £382,500 | 87 UPLANDS AVENUE |
| 1 Apr 2022 | £314,089 | £305,000 | 10 CHESTNUT WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fir Tree Road |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Woodland Crescent |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Coppice Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Coppice Road |
| Mar 2024 | Violence and sexual offences | Local resolution | On or near Coppice Road |