£440,057
This estimated value is based upon the latest sale price for the house of £367,000 on 26 Aug 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £367,000 | 26 Aug 2020 |
| £285,000 | 19 Jan 2016 |
| £145,000 | 14 Apr 2000 |
| 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 August 2020 the House Price Index for WEST MIDLANDS was 123.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 19.907%.Applying this 19.907% change to the original purchase price of £367,000 results in an estimated price of approximately £440,057.
| 26 Aug 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 148.6 | 19.907 % | £367,000 | £73,057 | £440,057 |
The Postcode Pricing Model uses changes in average sales price within the WS9 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 | -57.068 % | £-209,438 | £157,561 |
| 3 Month Average | 1.666 % | £6,112 | £373,112 |
| 6 Month Average | 10.263 % | £37,665 | £404,665 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £497,363 | £490,000 | 42 SUNNYBANK CLOSE |
| 25 Sep 2023 | £482,165 | £476,000 | 36 SUNNYBANK CLOSE |
| 4 Apr 2023 | £454,898 | £450,000 | 24 THE DOWNS |
| 10 Mar 2023 | £474,470 | £470,000 | 31 THE DOWNS |
| 10 Feb 2023 | £789,469 | £790,000 | 27 WOOD LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Downs |
| Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near Sunnybank Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Inglewood Grove |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chesterwood |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grange Drive |