£156,493
This estimated value is based upon the latest sale price for the house of £52,000 on 11 Apr 2002. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £52,000 | 11 Apr 2002 |
| Terraced |
| 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 April 2002 the House Price Index for WEST MIDLANDS was 49.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 200.950%.Applying this 200.950% change to the original purchase price of £52,000 results in an estimated price of approximately £156,493.
| 11 Apr 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 49.7 | 149.7 | 200.950 % | £52,000 | £104,493 | £156,493 |
The Postcode Pricing Model uses changes in average sales price within the DY8 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 | 158.786 % | £82,568 | £134,568 |
| 3 Month Average | 157.249 % | £81,769 | £133,769 |
| 6 Month Average | 170.703 % | £88,765 | £140,765 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Oct 2023 | £501,388 | £490,000 | 52 CORSER STREET |
| 4 Sep 2023 | £391,122 | £382,500 | 8 FARLANDS ROAD |
| 22 Aug 2023 | £280,051 | £275,000 | FLAT 4 PARK VIEW LOVE LANE |
| 11 Aug 2023 | £529,551 | £520,000 | 1 FOXFIELD DRIVE |
| 15 Mar 2023 | £533,916 | £525,000 | 3A LOVE LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Farlands Drive |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oldfield Drive |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oldfield Drive |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Oldfield Drive |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Foxfield Drive |