£42,579
This estimated value is based upon the latest sale price for the house of £19,500 on 7 Nov 2003. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £19,500 | 7 Nov 2003 |
| £58,950 | 28 May 1999 |
| 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 November 2003 the House Price Index for WEST MIDLANDS was 67.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 118.355%.Applying this 118.355% change to the original purchase price of £19,500 results in an estimated price of approximately £42,579.
| 7 Nov 2003 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 67.2 | 146.7 | 118.355 % | £19,500 | £23,079 | £42,579 |
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 | 51.002 % | £9,945 | £29,445 |
| 3 Month Average | 96.714 % | £18,859 | £38,359 |
| 6 Month Average | 117.451 % | £22,903 | £42,403 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Offender given a caution | On or near Anvil Crescent |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Anvil Crescent |
| Dec 2023 | Robbery | Unable to prosecute suspect | On or near Anvil Crescent |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Nailors Fold |
| Jan 2024 | Other crime | Action to be taken by another organisation | On or near Chainmakers Close |