£419,542
This estimated value is based upon the latest sale price for the house of £330,000 on 5 Oct 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Neachells Lane
More crime details
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| Price Paid | Date |
|---|---|
| £330,000 | 5 Oct 2017 |
| 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 October 2017 the House Price Index for WEST MIDLANDS was 117.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.134%.Applying this 27.134% change to the original purchase price of £330,000 results in an estimated price of approximately £419,542.
| 5 Oct 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 149.7 | 27.134 % | £330,000 | £89,542 | £419,542 |
The Postcode Pricing Model uses changes in average sales price within the WV11 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 | 35.818 % | £118,199 | £448,199 |
| 3 Month Average | 40.317 % | £133,045 | £463,045 |
| 6 Month Average | 45.265 % | £149,375 | £479,375 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Apr 2024 | £126,095 | £125,000 | 70 NEACHELLS LANE |
| 19 Oct 2023 | £148,370 | £145,000 | 62 NEACHELLS LANE |
| 19 Apr 2023 | £87,130 | £85,500 | 89 NEACHELLS LANE |
| 19 Apr 2023 | £87,130 | £85,500 | 81 NEACHELLS LANE |
| 24 Feb 2023 | £120,807 | £120,000 | 78 BOLTON ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Neachells Lane |
| Jul 2024 | Vehicle crime | Under investigation | On or near Neachells Lane |
| Sep 2024 | Vehicle crime | Under investigation | On or near Fernside Road |
| Oct 2024 | Anti-social behaviour | On or near Phoenix Road | |
| Oct 2024 | Anti-social behaviour | On or near Phoenix Road |