£241,076
This estimated value is based upon the latest sale price for the house of £230,000 on 7 Jan 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £230,000 | 7 Jan 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 January 2022 the House Price Index for WEST MIDLANDS was 141.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 4.816%.Applying this 4.816% change to the original purchase price of £230,000 results in an estimated price of approximately £241,076.
| 7 Jan 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 148.0 | 4.816 % | £230,000 | £11,076 | £241,076 |
The Postcode Pricing Model uses changes in average sales price within the WS2 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 | 40.354 % | £92,814 | £322,814 |
| 3 Month Average | 20.685 % | £47,576 | £277,576 |
| 6 Month Average | 5.188 % | £11,931 | £241,931 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £178,375 | £175,000 | 122 WILKES AVENUE |
| 30 Nov 2023 | £170,185 | £168,000 | 21 ARNOLD CLOSE |
| 8 Nov 2023 | £248,186 | £245,000 | 140 WILKES AVENUE |
| 17 Aug 2023 | £152,930 | £152,000 | 187 CHURCHILL ROAD |
| 15 Aug 2023 | £179,089 | £178,000 | 159 CHURCHILL ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Wilkes Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wilkes Avenue |
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Monarch Grove |
| Apr 2024 | Anti-social behaviour | On or near Monarch Grove | |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Monarch Grove |