£245,494
This estimated value is based upon the latest sale price for the house of £157,500 on 24 Jan 2008. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £157,500 | 24 Jan 2008 |
| £114,000 | 13 Jun 2003 |
| 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 January 2008 the House Price Index for WEST MIDLANDS was 95.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.870%.Applying this 55.870% change to the original purchase price of £157,500 results in an estimated price of approximately £245,494.
| 24 Jan 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.3 | 148.6 | 55.870 % | £157,500 | £87,994 | £245,494 |
The Postcode Pricing Model uses changes in average sales price within the WV9 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 | 62.538 % | £98,496 | £255,996 |
| 3 Month Average | 90.934 % | £143,220 | £300,720 |
| 6 Month Average | 73.482 % | £115,734 | £273,234 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Nov 2023 | £293,343 | £289,000 | 5A ASHWELLS GROVE |
| 2 Nov 2023 | £225,336 | £222,000 | 28 HALESWORTH ROAD |
| 14 Jul 2023 | £192,592 | £190,000 | 51 HALESWORTH ROAD |
| 18 Apr 2023 | £225,427 | £223,000 | 9 WOODFORD CLOSE |
| 31 Mar 2023 | £164,046 | £162,500 | 14 MARKHAM CROFT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Alverstoke Close |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Markham Croft |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Eldridge Close |
| Mar 2024 | Public order | Under investigation | On or near Blaydon Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Blaydon Road |