£364,436
This estimated value is based upon the latest sale price for the house of £300,000 on 31 Jan 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £300,000 | 31 Jan 2020 |
| £205,000 | 24 Apr 2017 |
| Detached |
| Freehold |
| Floor Area: 105 sq meters or 1,130 sq feet |
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 January 2020 the House Price Index for WEST MIDLANDS was 121.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 21.479%.Applying this 21.479% change to the original purchase price of £300,000 results in an estimated price of approximately £364,436.
| 31 Jan 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 148.0 | 21.479 % | £300,000 | £64,436 | £364,436 |
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 | -14.895 % | £-44,684 | £255,315 |
| 3 Month Average | -0.675 % | £-2,025 | £297,974 |
| 6 Month Average | 6.797 % | £20,392 | £320,392 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £315,978 | £310,000 | 50 LEA MANOR DRIVE |
| 7 Jun 2023 | £342,779 | £340,000 | 36 LEA MANOR DRIVE |
| 21 Apr 2023 | £226,685 | £225,000 | 26 VICARAGE ROAD |
| 17 Jan 2023 | £289,457 | £292,000 | 2 WHEATHILL CLOSE |
| 16 Jan 2023 | £317,214 | £320,000 | 11 TRIMPLEY GARDENS |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 14 Sep 2017. Using an estimated price of £364,437 means this house is valued at £3,470 per sq meter (£322 per sq foot).
The average size of a house on TRIMPLEY GARDENS is 117 sq meters (1,266 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Lea Manor Drive |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Trimpley Gardens |
| Apr 2024 | Anti-social behaviour | On or near The Avenue | |
| Apr 2024 | Anti-social behaviour | On or near The Avenue | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near The Avenue |