£109,059
This estimated value is based upon the latest sale price for the house of £88,500 on 26 Oct 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £88,500 | 26 Oct 2018 |
| £75,000 | 29 Jul 2016 |
| £24,950 | 22 Nov 1996 |
| Flats/Maisonettes |
| Leasehold |
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 October 2018 the House Price Index for WEST MIDLANDS was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.231%.Applying this 23.231% change to the original purchase price of £88,500 results in an estimated price of approximately £109,059.
| 26 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.231 % | £88,500 | £20,559 | £109,059 |
The Postcode Pricing Model uses changes in average sales price within the WV6 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 | 71.499 % | £63,276 | £151,776 |
| 3 Month Average | 15.748 % | £13,937 | £102,437 |
| 6 Month Average | 19.667 % | £17,405 | £105,905 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £52,673 | £52,000 | 82 THE LINDENS |
| 24 Jul 2023 | £70,955 | £70,000 | 80 THE LINDENS |
| 21 Jul 2023 | £99,337 | £98,000 | 79 THE LINDENS |
| 23 Jun 2023 | £112,867 | £111,500 | 75 THE LINDENS |
| 21 Apr 2023 | £73,289 | £72,500 | 105 THE LINDENS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near The Lindens |
| Feb 2024 | Violence and sexual offences | Offender given a caution | On or near The Lindens |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Lindens |
| Feb 2024 | Robbery | Under investigation | On or near The Lindens |
| Feb 2024 | Other crime | Under investigation | On or near The Lindens |