£42,857
This estimated value is based upon the latest sale price for the house of £17,200 on 20 Jan 2003. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £17,200 | 20 Jan 2003 |
| Terraced |
| 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 January 2003 the House Price Index for WEST MIDLANDS was 60.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 149.169%.Applying this 149.169% change to the original purchase price of £17,200 results in an estimated price of approximately £42,857.
| 20 Jan 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 60.1 | 149.7 | 149.169 % | £17,200 | £25,657 | £42,857 |
The Postcode Pricing Model uses changes in average sales price within the WV8 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 | 150.850 % | £25,946 | £43,146 |
| 3 Month Average | 162.834 % | £28,007 | £45,207 |
| 6 Month Average | 101.476 % | £17,453 | £34,653 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £165,072 | £160,000 | 4 DEER WALK |
| 4 Oct 2023 | £203,625 | £199,000 | 16 CORNFIELD |
| 30 Mar 2023 | £186,108 | £183,000 | 6 TORFIELD |
| 11 Jan 2023 | £134,359 | £134,000 | 43 CORNFIELD |
| 21 Sep 2022 | £86,442 | £86,500 | 35 WEYHILL CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Cornfield |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cornfield |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cornfield |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cornfield |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cornfield |