£174,981
This estimated value is based upon the latest sale price for the house of £135,000 on 21 Mar 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £135,000 | 21 Mar 2017 |
| £97,000 | 19 Aug 2014 |
| £51,000 | 27 Jun 1997 |
| Flats/Maisonettes |
| Leasehold |
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 March 2017 the House Price Index for WEST MIDLANDS was 114.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.616%.Applying this 29.616% change to the original purchase price of £135,000 results in an estimated price of approximately £174,981.
| 21 Mar 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 148.6 | 29.616 % | £135,000 | £39,981 | £174,981 |
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 | 71.823 % | £96,961 | £231,961 |
| 3 Month Average | 35.210 % | £47,534 | £182,534 |
| 6 Month Average | 35.537 % | £47,975 | £182,975 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jul 2023 | £357,309 | £352,500 | 9 CHURCH ROAD |
| 6 Jul 2023 | £648,731 | £640,000 | OAKLEIGH GROVE LANE |
| 10 Feb 2023 | £174,882 | £175,000 | 26 BROMFIELD COURT |
| 31 Jan 2023 | £338,406 | £340,000 | 5 CHURCH ROAD |
| 13 May 2022 | £161,034 | £158,000 | 24 BROMFIELD COURT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Church Road |
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Kirstead Gardens |
| Mar 2024 | Robbery | Under investigation | On or near Parking Area |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Tanfield Close |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Tor Lodge Drive |