£227,343
This estimated value is based upon the latest sale price for the house of £225,500 on 7 Jun 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £225,500 | 7 Jun 2023 |
| £112,000 | 28 Oct 2016 |
| £10,500 | 28 Oct 2016 |
| Leasehold |
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 2023 the House Price Index for WEST MIDLANDS was 146.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 0.817%.Applying this 0.817% change to the original purchase price of £225,500 results in an estimated price of approximately £227,343.
| 7 Jun 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.8 | 148.0 | 0.817 % | £225,500 | £1,843 | £227,343 |
The Postcode Pricing Model uses changes in average sales price within the WV10 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 | -5.172 % | £-11,663 | £213,836 |
| 3 Month Average | -1.210 % | £-2,728 | £222,771 |
| 6 Month Average | -0.389 % | £-877 | £224,622 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Aug 2023 | £128,280 | £127,500 | 5 WELBECK AVENUE |
| 15 Aug 2023 | £83,307 | £82,800 | 194 STAFFORD ROAD |
| 30 Jun 2023 | £100,817 | £100,000 | 89 BUSHBURY LANE |
| 7 Jun 2023 | £227,343 | £225,500 | 3 SHAW PARK BUSINESS VILLAGE |
| 15 Feb 2023 | £199,059 | £200,000 | 13 WELBECK AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Shaw Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shaw Road |
| Apr 2024 | Other crime | Unable to prosecute suspect | On or near Shaw Road |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Shaw Road |
| Feb 2024 | Anti-social behaviour | On or near Shaw Road |