£351,279
This estimated value is based upon the latest sale price for the house of £185,000 on 8 Oct 2004. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £185,000 | 8 Oct 2004 |
| Semi-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 October 2004 the House Price Index for WEST MIDLANDS was 78.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 89.881%.Applying this 89.881% change to the original purchase price of £185,000 results in an estimated price of approximately £351,279.
| 8 Oct 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.3 | 148.6 | 89.881 % | £185,000 | £166,279 | £351,279 |
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 | 171.543 % | £317,355 | £502,355 |
| 3 Month Average | 72.098 % | £133,382 | £318,382 |
| 6 Month Average | 68.354 % | £126,455 | £311,455 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £131,594 | £130,000 | 111 CARTER ROAD |
| 26 Aug 2022 | £179,517 | £180,000 | 9 PADDOCK VIEW |
| 10 Dec 2021 | £179,991 | £168,000 | 126 GORSEBROOK ROAD |
| 19 Nov 2021 | £118,967 | £110,000 | 109 CARTER ROAD |
| 11 Aug 2021 | £182,961 | £164,000 | 1 DALES CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Darley Drive |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Darley Drive |
| Mar 2024 | Drugs | Investigation complete; no suspect identified | On or near Gorsebrook Road |
| Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near Gorsebrook Road |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Gorsebrook Road |