£220,129
This estimated value is based upon the latest sale price for the house of £47,500 on 20 Nov 1998. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Morley Grove
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| Price Paid | Date |
|---|---|
| £47,500 | 20 Nov 1998 |
| 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 November 1998 the House Price Index for WEST MIDLANDS was 32.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 363.431%.Applying this 363.431% change to the original purchase price of £47,500 results in an estimated price of approximately £220,129.
| 20 Nov 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.1 | 148.6 | 363.431 % | £47,500 | £172,629 | £220,129 |
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 | 436.335 % | £207,258 | £254,758 |
| 3 Month Average | 286.877 % | £136,266 | £183,766 |
| 6 Month Average | 282.590 % | £134,230 | £181,730 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Feb 2022 | £156,255 | £149,000 | 11 APPLETREE GROVE |
| 15 Dec 2021 | £168,206 | £157,000 | 137 DUNSTALL AVENUE |
| 17 Nov 2021 | £142,760 | £132,000 | 69 DUNSTALL HILL |
| 4 Oct 2021 | £163,206 | £147,500 | 11 DUNSTALL AVENUE |
| 20 Jul 2021 | £140,785 | £122,500 | 147 DUNSTALL AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Morley Grove |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Morley Grove |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Morley Grove |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Morley Grove |
| Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near Morley Grove |