£349,449
This estimated value is based upon the latest sale price for the house of £76,000 on 18 Dec 1998. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £76,000 | 18 Dec 1998 |
| 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 December 1998 the House Price Index for WEST MIDLANDS was 32.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 359.802%.Applying this 359.802% change to the original purchase price of £76,000 results in an estimated price of approximately £349,449.
| 18 Dec 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.3 | 148.6 | 359.802 % | £76,000 | £273,449 | £349,449 |
The Postcode Pricing Model uses changes in average sales price within the DY6 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 | 76.907 % | £58,449 | £134,449 |
| 3 Month Average | 222.055 % | £168,761 | £244,761 |
| 6 Month Average | 243.623 % | £185,153 | £261,153 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £235,000 | £235,000 | 10 BIRCHWOOD WALK |
| 15 Dec 2023 | £265,648 | £261,000 | 12 PINEWOOD WALK |
| 29 Nov 2023 | £227,366 | £224,000 | 1 CHERRY TREE ROAD |
| 4 Aug 2023 | £292,559 | £290,000 | 28 STALLINGS LANE |
| 25 Jul 2023 | £9,123 | £9,000 | 53 BALFOUR ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Oakleigh Walk |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Cornwall Close |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Blossomfield Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Ashdale Close |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Avondale Close |