£57,153
This estimated value is based upon the latest sale price for the house of £50,000 on 3 Dec 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £50,000 | 3 Dec 2020 |
| 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 December 2020 the House Price Index for WEST MIDLANDS was 129.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 14.308%.Applying this 14.308% change to the original purchase price of £50,000 results in an estimated price of approximately £57,153.
| 3 Dec 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.0 | 14.308 % | £50,000 | £7,153 | £57,153 |
The Postcode Pricing Model uses changes in average sales price within the WV10 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 | 31.355 % | £15,677 | £65,677 |
| 3 Month Average | 6.124 % | £3,061 | £53,061 |
| 6 Month Average | 16.020 % | £8,009 | £58,009 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £127,410 | £125,000 | MIRIDENE INKERMAN GROVE |
| 20 Dec 2023 | £226,791 | £222,500 | 46 EASTFIELD GROVE |
| 12 Dec 2023 | £168,182 | £165,000 | 40 GROSVENOR STREET |
| 6 Dec 2023 | £118,237 | £116,000 | BELMONT INKERMAN GROVE |
| 6 Nov 2023 | £101,300 | £100,000 | 14 INKERMAN STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Drugs | Under investigation | On or near Inkerman Grove |
| Apr 2024 | Other theft | Under investigation | On or near Inkerman Grove |
| Apr 2024 | Other theft | Unable to prosecute suspect | On or near Clover Ley |
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Clover Ley |
| Apr 2024 | Anti-social behaviour | On or near Clover Ley |