£326,042
This estimated value is based upon the latest sale price for the house of £89,950 on 8 Nov 2000. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £89,950 | 8 Nov 2000 |
| £57,000 | 16 Oct 1998 |
| £45,000 | 17 Jan 1997 |
| 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 November 2000 the House Price Index for WEST MIDLANDS was 40.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 262.471%.Applying this 262.471% change to the original purchase price of £89,950 results in an estimated price of approximately £326,042.
| 8 Nov 2000 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.8 | 148.0 | 262.471 % | £89,950 | £236,092 | £326,042 |
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 | 26.175 % | £23,544 | £113,494 |
| 3 Month Average | 186.648 % | £167,889 | £257,839 |
| 6 Month Average | 169.776 % | £152,713 | £242,663 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Aug 2023 | £178,083 | £177,000 | 8 CHURCH WALK |
| 5 Sep 2022 | £291,455 | £295,000 | 7 WORFIELD GARDENS |
| 17 Jun 2022 | £252,560 | £250,000 | 103 CHURCH ROAD |
| 21 Jan 2022 | £280,382 | £267,500 | 6 CHURCH WALK |
| 14 Jan 2022 | £261,987 | £249,950 | 5 CEDAR GROVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Worfield Gardens |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Worfield Gardens |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Worfield Gardens |
| Jan 2024 | Other crime | Further investigation is not in the public interest | On or near Worfield Gardens |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Worfield Gardens |