£516,903
This estimated value is based upon the latest sale price for the house of £280,000 on 24 Jun 2005. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £280,000 | 24 Jun 2005 |
| Detached |
| 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 June 2005 the House Price Index for WEST MIDLANDS was 80.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 84.608%.Applying this 84.608% change to the original purchase price of £280,000 results in an estimated price of approximately £516,903.
| 24 Jun 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.5 | 148.6 | 84.608 % | £280,000 | £236,903 | £516,903 |
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 | 124.020 % | £347,256 | £627,256 |
| 3 Month Average | 67.578 % | £189,219 | £469,219 |
| 6 Month Average | 68.583 % | £192,033 | £472,033 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £142,104 | £140,000 | 9 BEECHWOOD COURT |
| 4 Aug 2023 | £514,501 | £510,000 | 11 WINCOTE DRIVE |
| 7 Jun 2023 | £435,273 | £430,000 | 10 WOODCOTE ROAD |
| 2 Jun 2023 | £303,678 | £300,000 | 41 GRANGE ROAD |
| 28 Feb 2023 | £94,936 | £95,000 | 102 CORNWALL ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Woodcote Road |
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Woodcote Road |
| Mar 2024 | Vehicle crime | Under investigation | On or near Hospital |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Dovecote Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dovecote Close |