£273,362
This estimated value is based upon the latest sale price for the house of £98,000 on 5 Jul 2002. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £98,000 | 5 Jul 2002 |
| 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 July 2002 the House Price Index for WEST MIDLANDS was 53.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 178.941%.Applying this 178.941% change to the original purchase price of £98,000 results in an estimated price of approximately £273,362.
| 5 Jul 2002 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 53.1 | 148.0 | 178.941 % | £98,000 | £175,362 | £273,362 |
The Postcode Pricing Model uses changes in average sales price within the WV4 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 | 118.060 % | £115,698 | £213,698 |
| 3 Month Average | 113.893 % | £111,615 | £209,615 |
| 6 Month Average | 137.492 % | £134,742 | £232,742 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £354,552 | £350,000 | 5 THE FOLD |
| 10 Nov 2023 | £227,926 | £225,000 | 8 LANCASTER GARDENS |
| 18 Aug 2023 | £286,744 | £285,000 | 9 CHURCH HILL |
| 15 Jun 2023 | £254,060 | £252,000 | 39 LANCASTER GARDENS |
| 10 Aug 2022 | £248,322 | £250,000 | 434C PENN ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Woodlands Paddock |
| Mar 2024 | Anti-social behaviour | On or near Woodlands Paddock | |
| Mar 2024 | Anti-social behaviour | On or near Woodlands Paddock | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Woodlands Paddock |
| Apr 2024 | Vehicle crime | Under investigation | On or near Woodlands Cottages |