£223,917
This estimated value is based upon the latest sale price for the house of £79,950 on 12 Jul 2002. 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 |
|---|---|
| £79,950 | 12 Jul 2002 |
| £59,950 | 20 Mar 2001 |
| £36,000 | 21 Dec 1998 |
| Terraced |
| 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 July 2002 the House Price Index for WEST MIDLANDS was 53.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 180.072%.Applying this 180.072% change to the original purchase price of £79,950 results in an estimated price of approximately £223,917.
| 12 Jul 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 53.1 | 148.6 | 180.072 % | £79,950 | £143,967 | £223,917 |
The Postcode Pricing Model uses changes in average sales price within the CV2 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 | 145.983 % | £116,713 | £196,663 |
| 3 Month Average | 148.722 % | £118,903 | £198,853 |
| 6 Month Average | 194.551 % | £155,543 | £235,493 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2023 | £181,959 | £180,000 | 67 WYKEN WAY |
| 28 Mar 2023 | £210,988 | £209,000 | 49 WYKEN WAY |
| 10 Feb 2023 | £164,889 | £165,000 | 49 WATERSMEET ROAD |
| 29 Apr 2022 | £401,725 | £390,100 | 15A WATERSMEET ROAD |
| 8 Apr 2022 | £200,811 | £195,000 | 1 WATERSMEET ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Watersmeet Grove |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Watersmeet Grove |
| Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near Dennis Road |
| Feb 2024 | Robbery | Investigation complete; no suspect identified | On or near Dennis Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Dennis Road |