£308,939
This estimated value is based upon the latest sale price for the house of £300,000 on 27 Apr 2022. 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 Owen Road
More crime details
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| Price Paid | Date |
|---|---|
| £300,000 | 27 Apr 2022 |
| £130,000 | 13 May 2015 |
| 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 2022 the House Price Index for WEST MIDLANDS was 144.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 2.980%.Applying this 2.980% change to the original purchase price of £300,000 results in an estimated price of approximately £308,939.
| 27 Apr 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 148.6 | 2.980 % | £300,000 | £8,939 | £308,939 |
The Postcode Pricing Model uses changes in average sales price within the WV13 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 | 15.420 % | £46,259 | £346,259 |
| 3 Month Average | 1.197 % | £3,590 | £303,590 |
| 6 Month Average | 2.588 % | £7,763 | £307,763 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £188,295 | £185,000 | 24 ST GILES ROAD |
| 17 Nov 2023 | £74,097 | £73,000 | 22 BRUNSLOW CLOSE |
| 29 Sep 2023 | £232,979 | £230,000 | 68 GIPSY LANE |
| 14 Jul 2023 | £141,910 | £140,000 | 9 BILSTON LANE |
| 30 Jun 2023 | £126,533 | £125,000 | 127 LOWE AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Owen Road |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Apr 2024 | Shoplifting | Under investigation | On or near Petrol Station |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Petrol Station |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Petrol Station |