£439,203
This estimated value is based upon the latest sale price for the house of £120,000 on 6 Oct 2000. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £120,000 | 6 Oct 2000 |
| 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 2000 the House Price Index for WEST MIDLANDS was 40.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 266.003%.Applying this 266.003% change to the original purchase price of £120,000 results in an estimated price of approximately £439,203.
| 6 Oct 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.6 | 148.6 | 266.003 % | £120,000 | £319,203 | £439,203 |
The Postcode Pricing Model uses changes in average sales price within the WV3 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 | 304.806 % | £365,767 | £485,767 |
| 3 Month Average | 177.854 % | £213,424 | £333,424 |
| 6 Month Average | 171.648 % | £205,977 | £325,977 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Feb 2023 | £363,755 | £364,000 | 4 ASH HILL |
| 8 Aug 2022 | £349,060 | £350,000 | 116 LINDEN LEA |
| 7 Mar 2022 | £364,764 | £352,000 | 7 FINCHDENE GROVE |
| 15 Feb 2022 | £251,687 | £240,000 | 10 LINDEN LEA |
| 17 Dec 2021 | £439,800 | £410,500 | 44 LINDEN LEA |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Ash Hill |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near York Avenue |
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Finchdene Grove |
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Finchdene Grove |
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Finchdene Grove |