£171,805
This estimated value is based upon the latest sale price for the house of £126,995 on 27 May 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £126,995 | 27 May 2016 |
| Semi-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 May 2016 the House Price Index for WEST MIDLANDS was 110.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 35.286%.Applying this 35.286% change to the original purchase price of £126,995 results in an estimated price of approximately £171,805.
| 27 May 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 149.7 | 35.286 % | £126,995 | £44,810 | £171,805 |
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 | 139.888 % | £177,650 | £304,645 |
| 3 Month Average | 72.934 % | £92,622 | £219,617 |
| 6 Month Average | 55.236 % | £70,146 | £197,141 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Apr 2024 | £237,059 | £235,000 | 6 WALNUT CLOSE |
| 17 Dec 2023 | £179,516 | £174,000 | 3 WALNUT CLOSE |
| 10 Nov 2023 | £174,428 | £170,000 | 9 ELDER ROAD |
| 3 Nov 2023 | £249,329 | £243,000 | 5 WALNUT CLOSE |
| 30 May 2022 | £234,099 | £228,000 | 15 SORBUS STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hemlock Way |
| Jul 2024 | Vehicle crime | Under investigation | On or near Elder Road |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Elder Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Walnut Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Maple Grove |