£374,007
This estimated value is based upon the latest sale price for the house of £350,000 on 18 Jun 2021. 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 |
|---|---|
| £350,000 | 18 Jun 2021 |
| 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 June 2021 the House Price Index for WEST MIDLANDS was 138.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 6.859%.Applying this 6.859% change to the original purchase price of £350,000 results in an estimated price of approximately £374,007.
| 18 Jun 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.0 | 6.859 % | £350,000 | £24,007 | £374,007 |
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 | -65.710 % | £-229,983 | £120,016 |
| 3 Month Average | 1.540 % | £5,390 | £355,390 |
| 6 Month Average | -8.547 % | £-29,915 | £320,084 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £152,964 | £151,000 | 43 LARCHES LANE |
| 4 Aug 2023 | £191,162 | £190,000 | THE HOLLIES, 18 LARCHES LANE |
| 4 Jul 2023 | £651,160 | £645,000 | 72 TETTENHALL ROAD |
| 24 Apr 2023 | £87,651 | £87,000 | 1 THURLBY COURT TETTENHALL ROAD |
| 28 Feb 2023 | £98,534 | £99,000 | 5 LOWER VAUXHALL |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near A41 |
| Apr 2024 | Anti-social behaviour | On or near Petrol Station | |
| Apr 2024 | Public order | Under investigation | On or near Petrol Station |
| Apr 2024 | Public order | Under investigation | On or near Petrol Station |
| Apr 2024 | Robbery | Under investigation | On or near Petrol Station |