£763,695
This estimated value is based upon the latest sale price for the house of £415,000 on 23 Sep 2005. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £415,000 | 23 Sep 2005 |
| £315,000 | 2 Dec 2002 |
| 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 September 2005 the House Price Index for WEST MIDLANDS was 81.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 84.023%.Applying this 84.023% change to the original purchase price of £415,000 results in an estimated price of approximately £763,695.
| 23 Sep 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.3 | 149.7 | 84.023 % | £415,000 | £348,695 | £763,695 |
The Postcode Pricing Model uses changes in average sales price within the WV6 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 | 26.851 % | £111,433 | £526,433 |
| 3 Month Average | 51.876 % | £215,284 | £630,284 |
| 6 Month Average | 55.770 % | £231,446 | £646,446 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jun 2024 | £600,500 | £600,500 | 46 WOODTHORNE ROAD |
| 28 Nov 2023 | £692,581 | £675,000 | 40 WOODTHORNE ROAD |
| 28 Apr 2023 | £560,483 | £550,000 | 74 WERGS ROAD |
| 9 Mar 2023 | £732,228 | £720,000 | 88 WERGS ROAD |
| 25 Jan 2023 | £426,139 | £425,000 | 63 HENRY FOWLER DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Henry Fowler Drive |
| Jun 2024 | Criminal damage and arson | Under investigation | On or near Popes Lane |
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Popes Lane |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Popes Lane |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Cranmere Avenue |