£186,244
This estimated value is based upon the latest sale price for the house of £185,000 on 3 Feb 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£185,000 | 3 Feb 2023 |
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 February 2023 the House Price Index for WEST MIDLANDS was 148.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.672%.Applying this 0.672% change to the original purchase price of £185,000 results in an estimated price of approximately £186,244.
3 Feb 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
148.7 | 149.7 | 0.672 % | £185,000 | £1,244 | £186,244 |
The Postcode Pricing Model uses changes in average sales price within the DY3 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 | -2.509 % | £-4,641 | £180,358 |
3 Month Average | 11.957 % | £22,121 | £207,121 |
6 Month Average | 9.518 % | £17,607 | £202,607 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Jul 2024 | £192,500 | £192,500 | 32 THE QUADRANT |
3 Feb 2023 | £186,244 | £185,000 | 35 SPRINGFIELD GROVE |
27 Jan 2023 | £124,332 | £124,000 | 33 THE WALK |
24 Nov 2022 | £199,069 | £200,000 | 1B THE WYND |
27 Jun 2022 | £199,259 | £195,000 | 31 SPRINGFIELD GROVE |
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Awaiting court outcome | On or near Springfield Grove |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Westfield Road |
Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Westfield Road |
Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Westfield Road |
Aug 2024 | Criminal damage and arson | Under investigation | On or near The Walk |