£276,441
This estimated value is based upon the latest sale price for the house of £220,000 on 1 May 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £220,000 | 1 May 2018 |
| £91,950 | 11 Dec 2001 |
| 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 2018 the House Price Index for WEST MIDLANDS was 119.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.655%.Applying this 25.655% change to the original purchase price of £220,000 results in an estimated price of approximately £276,441.
| 1 May 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 149.7 | 25.655 % | £220,000 | £56,441 | £276,441 |
The Postcode Pricing Model uses changes in average sales price within the WV14 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 | 85.508 % | £188,116 | £408,116 |
| 3 Month Average | 42.797 % | £94,153 | £314,153 |
| 6 Month Average | 32.833 % | £72,232 | £292,232 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2023 | £148,480 | £146,000 | 34 SIDDONS ROAD |
| 31 Aug 2022 | £183,860 | £183,000 | 31 LEGGE LANE |
| 26 May 2022 | £363,469 | £354,000 | 7 GREENSAND DRIVE |
| 6 Aug 2021 | £280,968 | £250,000 | 4 THE CRUCIBLE |
| 7 Aug 2020 | £208,974 | £173,000 | 7 THE CASTINGS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Greensand Drive |
| Jun 2024 | Public order | Unable to prosecute suspect | On or near The Crucible |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Castings |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Nailors Fold |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Nailors Fold |