£238,825
This estimated value is based upon the latest sale price for the house of £220,000 on 29 Sep 2021. 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 | 29 Sep 2021 |
| 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 2021 the House Price Index for WEST MIDLANDS was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £220,000 results in an estimated price of approximately £238,825.
| 29 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £220,000 | £18,825 | £238,825 |
The Postcode Pricing Model uses changes in average sales price within the WV10 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 | -7.043 % | £-15,493 | £204,506 |
| 3 Month Average | 19.703 % | £43,346 | £263,346 |
| 6 Month Average | 8.978 % | £19,751 | £239,751 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £175,699 | £173,000 | 92A OLD FALLINGS LANE |
| 9 Aug 2023 | £169,049 | £166,000 | 64 OLD FALLINGS LANE |
| 19 Apr 2023 | £86,620 | £85,000 | 23 PRIMROSE LANE |
| 11 Apr 2023 | £195,660 | £192,000 | 115 OLD FALLINGS LANE |
| 11 Oct 2022 | £186,377 | £187,000 | 9 ST CHADS ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Old Fallings Lane |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Old Fallings Lane |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Old Fallings Lane |
| Sep 2024 | Possession of weapons | Unable to prosecute suspect | On or near St Chad'S Road |