£221,921
This estimated value is based upon the latest sale price for the house of £119,999 on 27 May 2005. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £119,999 | 27 May 2005 |
| £65,000 | 8 Dec 2000 |
| 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 May 2005 the House Price Index for WEST MIDLANDS was 80.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 84.936%.Applying this 84.936% change to the original purchase price of £119,999 results in an estimated price of approximately £221,921.
| 27 May 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.4 | 148.6 | 84.936 % | £119,999 | £101,922 | £221,921 |
The Postcode Pricing Model uses changes in average sales price within the WV4 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 | 29.452 % | £35,342 | £155,341 |
| 3 Month Average | 66.012 % | £79,213 | £199,212 |
| 6 Month Average | 61.058 % | £73,269 | £193,268 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Feb 2023 | £232,344 | £232,500 | 12 ORTON GROVE |
| 17 Aug 2022 | £267,281 | £268,000 | 16 ORTON GROVE |
| 20 May 2022 | £315,953 | £310,000 | 4 BRADEN ROAD |
| 29 Apr 2022 | £231,705 | £225,000 | 9 BRYAN AVENUE |
| 12 Apr 2022 | £164,768 | £160,000 | 538 PENN ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Braden Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Braden Road |
| Mar 2024 | Burglary | Under investigation | On or near Bryan Avenue |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Orton Grove |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Orton Grove |