£319,425
This estimated value is based upon the latest sale price for the house of £95,000 on 6 Jul 2001. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £95,000 | 6 Jul 2001 |
| 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 2001 the House Price Index for WEST MIDLANDS was 44.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 236.237%.Applying this 236.237% change to the original purchase price of £95,000 results in an estimated price of approximately £319,425.
| 6 Jul 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 44.2 | 148.6 | 236.237 % | £95,000 | £224,425 | £319,425 |
The Postcode Pricing Model uses changes in average sales price within the WV3 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 | 306.629 % | £291,297 | £386,297 |
| 3 Month Average | 189.068 % | £179,614 | £274,614 |
| 6 Month Average | 182.515 % | £173,389 | £268,389 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jun 2023 | £349,230 | £345,000 | 1 WOOTTON ROAD |
| 20 May 2022 | £499,410 | £490,000 | 7 WHITEHOUSE AVENUE |
| 24 Mar 2022 | £554,400 | £535,000 | 11 WHITEHOUSE AVENUE |
| 18 Feb 2022 | £379,627 | £362,000 | 16 CRANFORD ROAD |
| 9 Nov 2021 | £438,013 | £405,000 | 130 FINCHFIELD LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Old Farm Meadow |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Farm Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Adams Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Whitehouse Avenue |
| Feb 2024 | Vehicle crime | Awaiting court outcome | On or near Cranford Road |