£222,226
This estimated value is based upon the latest sale price for the house of £220,000 on 20 Jul 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £220,000 | 20 Jul 2022 |
| £47,500 | 29 Oct 1997 |
| 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 July 2022 the House Price Index for WEST MIDLANDS was 148.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.012%.Applying this 1.012% change to the original purchase price of £220,000 results in an estimated price of approximately £222,226.
| 20 Jul 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 149.7 | 1.012 % | £220,000 | £2,226 | £222,226 |
The Postcode Pricing Model uses changes in average sales price within the DY1 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 | -5.668 % | £-12,469 | £207,530 |
| 3 Month Average | 4.793 % | £10,544 | £230,544 |
| 6 Month Average | 2.013 % | £4,428 | £224,428 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 May 2024 | £190,000 | £190,000 | 50 OLD PARK ROAD |
| 9 Nov 2023 | £200,079 | £195,000 | 11 BLACKTHORNE CLOSE |
| 9 Oct 2023 | £204,648 | £200,000 | 324 BURTON ROAD |
| 14 Oct 2022 | £224,749 | £225,500 | 4 BURTON ROAD |
| 31 Aug 2022 | £200,940 | £200,000 | 50 BLACKTHORNE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cherry Green |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Blackthorne Close |
| Oct 2024 | Anti-social behaviour | On or near Woodsorrel Road | |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Woodsorrel Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Woodsorrel Road |