£204,472
This estimated value is based upon the latest sale price for the house of £179,750 on 1 Apr 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £179,750 | 1 Apr 2021 |
| 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 April 2021 the House Price Index for WEST MIDLANDS was 131.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 13.754%.Applying this 13.754% change to the original purchase price of £179,750 results in an estimated price of approximately £204,472.
| 1 Apr 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 131.6 | 149.7 | 13.754 % | £179,750 | £24,722 | £204,472 |
The Postcode Pricing Model uses changes in average sales price within the CV3 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 | 41.172 % | £74,006 | £253,756 |
| 3 Month Average | 30.965 % | £55,659 | £235,409 |
| 6 Month Average | 16.791 % | £30,182 | £209,932 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £304,681 | £300,000 | 4 MARJORIE WAY |
| 28 Sep 2023 | £291,424 | £285,000 | 25 LOWFIELD ROAD |
| 20 Feb 2023 | £203,358 | £202,000 | 12 WATERFORD WAY |
| 4 Aug 2022 | £291,362 | £290,000 | 4 WATERFORD WAY |
| 14 Jul 2022 | £191,923 | £190,000 | 61 MARJORIE WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Sylvia Bird Close |
| Oct 2024 | Anti-social behaviour | On or near Marjorie Way | |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Marjorie Way |
| Oct 2024 | Other theft | Unable to prosecute suspect | On or near Marjorie Way |
| Aug 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Marjorie Way |