£298,546
This estimated value is based upon the latest sale price for the house of £240,000 on 22 Jun 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £240,000 | 22 Jun 2018 |
| £205,000 | 15 Aug 2014 |
| £223,000 | 12 Jun 2006 |
| £124,950 | 9 Nov 2001 |
| £76,000 | 26 Mar 2001 |
| 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 2018 the House Price Index for WEST MIDLANDS was 119.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.394%.Applying this 24.394% change to the original purchase price of £240,000 results in an estimated price of approximately £298,546.
| 22 Jun 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 148.6 | 24.394 % | £240,000 | £58,546 | £298,546 |
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 | 89.735 % | £215,363 | £455,363 |
| 3 Month Average | 30.986 % | £74,366 | £314,366 |
| 6 Month Average | 18.762 % | £45,029 | £285,029 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £243,607 | £240,000 | 1B GLENDALE CLOSE |
| 20 Feb 2023 | £279,812 | £280,000 | 24 GLENDALE CLOSE |
| 14 Feb 2023 | £275,814 | £276,000 | 44 GLENDALE CLOSE |
| 22 Jul 2022 | £651,754 | £650,000 | 23 FARM ROAD |
| 27 May 2022 | £259,999 | £255,100 | 26 NORTHFIELD GROVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Farm Road |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Piper Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Adams Road |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near The Avenue |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Westfield Grove |