£175,361
This estimated value is based upon the latest sale price for the house of £125,000 on 27 Nov 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £125,000 | 27 Nov 2015 |
| £110,000 | 26 Sep 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 2015 the House Price Index for WEST MIDLANDS was 106.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 40.289%.Applying this 40.289% change to the original purchase price of £125,000 results in an estimated price of approximately £175,361.
| 27 Nov 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 149.7 | 40.289 % | £125,000 | £50,361 | £175,361 |
The Postcode Pricing Model uses changes in average sales price within the WV11 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 | 83.858 % | £104,822 | £229,822 |
| 3 Month Average | 76.266 % | £95,333 | £220,333 |
| 6 Month Average | 66.939 % | £83,674 | £208,674 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Apr 2024 | £20,175 | £20,000 | 31A LICHFIELD ROAD |
| 13 Apr 2022 | £184,661 | £178,000 | 158 NEACHELLS LANE |
| 11 Mar 2022 | £224,446 | £215,000 | 159 WOOD END ROAD |
| 30 Nov 2021 | £177,047 | £162,500 | 10 PINFOLD GARDENS |
| 19 Nov 2021 | £155,801 | £143,000 | 20 WOOD END ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Shoplifting | Under investigation | On or near Duke Street |
| Sep 2024 | Anti-social behaviour | On or near Duke Street | |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Duke Street |
| Sep 2024 | Anti-social behaviour | On or near Duke Street | |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Duke Street |