£353,460
This estimated value is based upon the latest sale price for the house of £180,000 on 23 Jul 2004. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Old Mill House Close
More crime details
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| Price Paid | Date |
|---|---|
| £180,000 | 23 Jul 2004 |
| Flats/Maisonettes |
| 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 July 2004 the House Price Index for WEST MIDLANDS was 76.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 96.367%.Applying this 96.367% change to the original purchase price of £180,000 results in an estimated price of approximately £353,460.
| 23 Jul 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 76.2 | 149.7 | 96.367 % | £180,000 | £173,460 | £353,460 |
The Postcode Pricing Model uses changes in average sales price within the WS4 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 | 116.446 % | £209,603 | £389,603 |
| 3 Month Average | 85.032 % | £153,056 | £333,056 |
| 6 Month Average | 89.771 % | £161,587 | £341,587 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Oct 2024 | £229,000 | £229,000 | 20 FORDBROOK LANE |
| 20 Dec 2023 | £172,294 | £167,000 | 16 OLD MILL HOUSE CLOSE |
| 30 Oct 2023 | £254,787 | £249,000 | 84 WESTWAY |
| 18 Sep 2023 | £623,750 | £610,000 | 29 FORDBROOK LANE |
| 14 Apr 2023 | £254,765 | £250,000 | 3 OLD MILL HOUSE CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Old Mill House Close |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Old Mill House Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fordbrook Lane |
| Jul 2024 | Anti-social behaviour | On or near Fordbrook Lane | |
| Jul 2024 | Anti-social behaviour | On or near Fordbrook Lane |