£2,408,942
This estimated value is based upon the latest sale price for the house of £1,950,000 on 25 Jan 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £1,950,000 | 25 Jan 2019 |
| 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 2019 the House Price Index for WEST MIDLANDS was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.536%.Applying this 23.536% change to the original purchase price of £1,950,000 results in an estimated price of approximately £2,408,942.
| 25 Jan 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.536 % | £1,950,000 | £458,942 | £2,408,942 |
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 | 58.925 % | £1,149,046 | £3,099,046 |
| 3 Month Average | 24.469 % | £477,136 | £2,427,136 |
| 6 Month Average | 26.596 % | £518,624 | £2,468,624 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £730,820 | £720,000 | LITTLE WOOD VIEW CLUB LANE |
| 23 Feb 2023 | £284,808 | £285,000 | ROTHESAY STAFFORD ROAD |
| 17 Feb 2023 | £259,825 | £260,000 | KASTRO STAFFORD ROAD |
| 13 Oct 2022 | £2,473 | £2,500 | 2 CLUB COTTAGES CLUB LANE |
| 20 May 2022 | £241,551 | £237,000 | 8 LINGFIELD AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near M54 |
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near M54 |
| Feb 2024 | Robbery | Investigation complete; no suspect identified | On or near M54 |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near M54 |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near M54 |