£446,472
This estimated value is based upon the latest sale price for the house of £270,000 on 23 Aug 2013. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £270,000 | 23 Aug 2013 |
| £265,000 | 8 May 2009 |
| £113,000 | 30 May 1997 |
| 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 August 2013 the House Price Index for WEST MIDLANDS was 89.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 65.360%.Applying this 65.360% change to the original purchase price of £270,000 results in an estimated price of approximately £446,472.
| 23 Aug 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.9 | 148.6 | 65.360 % | £270,000 | £176,472 | £446,472 |
The Postcode Pricing Model uses changes in average sales price within the WV4 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 | 26.615 % | £71,861 | £341,861 |
| 3 Month Average | 39.232 % | £105,927 | £375,927 |
| 6 Month Average | 46.484 % | £125,505 | £395,505 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £355,260 | £350,000 | 5 THE FOLD |
| 11 Apr 2022 | £164,768 | £160,000 | 7 BUTTS ROAD |
| 8 Mar 2022 | £202,019 | £194,950 | 36A WAKELEY HILL |
| 21 Jan 2022 | £436,749 | £415,000 | 11 VIRGINIA DRIVE |
| 12 Nov 2021 | £189,265 | £175,000 | 4 BUTTS ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near The Fold |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near The Fold |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Butts Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rebecca Gardens |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Amanda Avenue |