£242,985
This estimated value is based upon the latest sale price for the house of £230,000 on 24 Feb 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £230,000 | 24 Feb 2022 |
| 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 February 2022 the House Price Index for WEST MIDLANDS was 141.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 5.646%.Applying this 5.646% change to the original purchase price of £230,000 results in an estimated price of approximately £242,985.
| 24 Feb 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 149.7 | 5.646 % | £230,000 | £12,985 | £242,985 |
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 | 48.954 % | £112,594 | £342,594 |
| 3 Month Average | 33.999 % | £78,196 | £308,196 |
| 6 Month Average | 15.730 % | £36,179 | £266,179 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Mar 2024 | £111,716 | £110,000 | 29 CHURCH ROAD |
| 28 Sep 2023 | £199,396 | £195,000 | 57 GOUGH ROAD |
| 4 Aug 2023 | £183,306 | £180,000 | 11 SOUTHALL CRESCENT |
| 4 Aug 2023 | £231,679 | £227,500 | 3 RIBBESFORD CRESCENT |
| 12 Jun 2023 | £247,459 | £242,500 | 10 THE PADDOCK |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Vehicle crime | Under investigation | On or near Ribbesford Crescent |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Church Road |
| Aug 2024 | Burglary | Unable to prosecute suspect | On or near Church Road |
| Oct 2024 | Anti-social behaviour | On or near The Paddock | |
| Sep 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near The Paddock |