£49,966
This estimated value is based upon the latest sale price for the house of £50,000 on 13 Sep 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £50,000 | 13 Sep 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 September 2022 the House Price Index for WEST MIDLANDS was 149.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of -0.067%.Applying this -0.067% change to the original purchase price of £50,000 results in an estimated price of approximately £49,966.
| 13 Sep 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.8 | 149.7 | -0.067 % | £50,000 | £-33 | £49,966 |
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 | 4.045 % | £2,022 | £52,022 |
| 3 Month Average | 26.124 % | £13,061 | £63,061 |
| 6 Month Average | 6.874 % | £3,437 | £53,437 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £277,032 | £270,000 | 11 DEANS GATE |
| 5 Oct 2023 | £245,578 | £240,000 | 25 DEANS GATE |
| 25 Sep 2023 | £284,266 | £278,000 | UNIT 23 WATERY LANE INDUSTRIAL ESTATE |
| 28 Jun 2023 | £122,454 | £120,000 | 46 LOWRY CLOSE |
| 1 Jun 2023 | £96,943 | £95,000 | 4 DEANS GATE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Fernside Road |
| Jul 2024 | Vehicle crime | Under investigation | On or near Neachells Lane |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Neachells Lane |
| Jun 2024 | Public order | Unable to prosecute suspect | On or near Neachells Lane |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Neachells Lane |