£2,755,319
This estimated value is based upon the latest sale price for the house of £2,800,000 on 16 Nov 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £2,800,000 | 16 Nov 2022 |
| 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 November 2022 the House Price Index for WEST MIDLANDS was 150.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -1.596%.Applying this -1.596% change to the original purchase price of £2,800,000 results in an estimated price of approximately £2,755,319.
| 16 Nov 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.4 | 148.0 | -1.596 % | £2,800,000 | £-44,680 | £2,755,319 |
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 | -18.284 % | £-511,945 | £2,288,054 |
| 3 Month Average | -3.762 % | £-105,346 | £2,694,653 |
| 6 Month Average | 2.514 % | £70,395 | £2,870,395 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Nov 2023 | £101,300 | £100,000 | 41 TORRIDGE DRIVE |
| 5 Jun 2023 | £191,553 | £190,000 | 58 GRAISELEY LANE |
| 24 Feb 2023 | £119,435 | £120,000 | 78 BOLTON ROAD |
| 16 Nov 2022 | £2,755,319 | £2,800,000 | UNIT 1-2 WEDNESFIELD WAY INDUSTRIAL ESTATE |
| 30 Jun 2022 | £151,536 | £150,000 | 96 GRAISELEY LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parking Area |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Parking Area |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Parking Area |
| Jan 2024 | Possession of weapons | Unable to prosecute suspect | On or near Parking Area |
| Apr 2024 | Anti-social behaviour | On or near Church Street |