£206,018
This estimated value is based upon the latest sale price for the house of £92,000 on 20 Oct 2003. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £92,000 | 20 Oct 2003 |
| £59,995 | 6 Jul 2001 |
| 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 October 2003 the House Price Index for WEST MIDLANDS was 66.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 123.933%.Applying this 123.933% change to the original purchase price of £92,000 results in an estimated price of approximately £206,018.
| 20 Oct 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 66.4 | 148.6 | 123.933 % | £92,000 | £114,018 | £206,018 |
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 | 51.903 % | £47,750 | £139,750 |
| 3 Month Average | 81.649 % | £75,117 | £167,117 |
| 6 Month Average | 90.138 % | £82,926 | £174,926 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2022 | £114,691 | £115,000 | FLAT 3 548 WOLVERHAMPTON ROAD EAST |
| 20 Jun 2022 | £273,870 | £270,000 | 31 DUDDING ROAD |
| 10 Jun 2022 | £162,294 | £160,000 | 6 GREENLY ROAD |
| 28 Mar 2022 | £236,268 | £228,000 | 6 BROADSTONE CLOSE |
| 18 Feb 2022 | £262,174 | £250,000 | 10 BROADSTONE CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Broadstone Close |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Pencombe Drive |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Pencombe Drive |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Greenly Road |
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Dudding Road |