£306,741
This estimated value is based upon the latest sale price for the house of £250,000 on 12 Sep 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £250,000 | 12 Sep 2019 |
| £145,000 | 19 Dec 2014 |
| £130,000 | 2 Aug 2002 |
| £55,000 | 24 Nov 1995 |
| 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 September 2019 the House Price Index for WEST MIDLANDS was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.696%.Applying this 22.696% change to the original purchase price of £250,000 results in an estimated price of approximately £306,741.
| 12 Sep 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.696 % | £250,000 | £56,741 | £306,741 |
The Postcode Pricing Model uses changes in average sales price within the WV6 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 | 94.213 % | £235,531 | £485,531 |
| 3 Month Average | 29.283 % | £73,207 | £323,207 |
| 6 Month Average | 24.881 % | £62,201 | £312,201 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Feb 2023 | £174,882 | £175,000 | 26 BROMFIELD COURT |
| 31 Jan 2023 | £338,406 | £340,000 | 5 CHURCH ROAD |
| 19 Aug 2022 | £259,302 | £260,000 | 6 WOODLAND AVENUE |
| 13 May 2022 | £161,034 | £158,000 | 24 BROMFIELD COURT |
| 9 May 2022 | £458,642 | £450,000 | 7 TEOTTA DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Robbery | Under investigation | On or near Parking Area |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Tanfield Close |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Church Road |
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Kirstead Gardens |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near School Road |