£396,986
This estimated value is based upon the latest sale price for the house of £219,995 on 21 Nov 2008. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £219,995 | 21 Nov 2008 |
| 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 2008 the House Price Index for WEST MIDLANDS was 83.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 80.452%.Applying this 80.452% change to the original purchase price of £219,995 results in an estimated price of approximately £396,986.
| 21 Nov 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.0 | 149.7 | 80.452 % | £219,995 | £176,991 | £396,986 |
The Postcode Pricing Model uses changes in average sales price within the WS4 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 | 64.941 % | £142,866 | £362,861 |
| 3 Month Average | 48.860 % | £107,488 | £327,483 |
| 6 Month Average | 46.542 % | £102,389 | £322,384 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £235,184 | £230,000 | 7 ROSEDENE CLOSE |
| 30 Aug 2023 | £244,408 | £240,000 | 36 LICHFIELD ROAD |
| 27 Jun 2023 | £295,930 | £290,000 | 68 WESTMINSTER ROAD |
| 24 Jan 2023 | £310,831 | £310,000 | 4 NEW STREET |
| 15 Jun 2022 | £326,990 | £320,000 | 10 NEW STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Unable to prosecute suspect | On or near Westminster Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Westminster Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Westminster Road |
| Jul 2024 | Anti-social behaviour | On or near Westminster Road | |
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Westminster Road |