£91,361
This estimated value is based upon the latest sale price for the house of £65,000 on 25 Aug 1998. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £65,000 | 25 Aug 1998 |
| 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 1998 the House Price Index for WEST MIDLANDS was 72.0.
The House Price Index as of 1 Dec 2024 is 101.2 which is a change of 40.556%.Applying this 40.556% change to the original purchase price of £65,000 results in an estimated price of approximately £91,361.
| 25 Aug 1998 | 1 Dec 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 72.0 | 101.2 | 40.556 % | £65,000 | £26,361 | £91,361 |
The Postcode Pricing Model uses changes in average sales price within the WV14 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 | 399.473 % | £259,657 | £324,657 |
| 3 Month Average | 353.318 % | £229,656 | £294,656 |
| 6 Month Average | 340.611 % | £221,397 | £286,397 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2024 | £120,000 | £120,000 | 18 ARNHEM ROAD |
| 15 Nov 2024 | £205,610 | £205,000 | 42 SHOREHAM CLOSE |
| 30 May 2024 | £183,814 | £180,000 | 50 HILL ROAD |
| 20 Dec 2023 | £89,110 | £85,500 | 7A CHILTERN DRIVE |
| 15 Sep 2023 | £180,530 | £175,000 | 68 LAWNSIDE GREEN |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2025 | Other theft | Investigation complete; no suspect identified | On or near Hill Road |
| Dec 2024 | Anti-social behaviour | On or near Hill Road | |
| Dec 2024 | Other crime | Investigation complete; no suspect identified | On or near Hill Road |
| Dec 2024 | Anti-social behaviour | On or near Hill Road | |
| Dec 2024 | Other theft | Unable to prosecute suspect | On or near Hill Road |