£718,058
This estimated value is based upon the latest sale price for the house of £152,500 on 1 May 1998. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £152,500 | 1 May 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 May 1998 the House Price Index for WEST MIDLANDS was 31.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 370.858%.Applying this 370.858% change to the original purchase price of £152,500 results in an estimated price of approximately £718,058.
| 1 May 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.6 | 148.6 | 370.858 % | £152,500 | £565,558 | £718,058 |
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 | 426.412 % | £650,278 | £802,778 |
| 3 Month Average | 280.438 % | £427,668 | £580,168 |
| 6 Month Average | 284.617 % | £434,041 | £586,541 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Aug 2023 | £1,139,973 | £1,130,000 | TETTENHALL COURT, 38 WERGS ROAD |
| 14 Apr 2023 | £591,317 | £584,950 | 34 WERGS ROAD |
| 6 Jan 2023 | £253,755 | £254,950 | 19 REDHOUSE ROAD |
| 14 Oct 2022 | £494,674 | £500,000 | 49 WROTTESLEY ROAD |
| 5 Sep 2022 | £664,633 | £670,000 | 20 WERGS ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brookfield Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Brookfield Road |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Birchfield Avenue |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near The Drive |
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Wergs Road |