£1,242,452
This estimated value is based upon the latest sale price for the house of £225,000 on 11 Sep 1996. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £225,000 | 11 Sep 1996 |
| 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 September 1996 the House Price Index for WEST MIDLANDS was 26.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 452.201%.Applying this 452.201% change to the original purchase price of £225,000 results in an estimated price of approximately £1,242,452.
| 11 Sep 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.9 | 148.6 | 452.201 % | £225,000 | £1,017,452 | £1,242,452 |
The Postcode Pricing Model uses changes in average sales price within the DY8 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 | 161.667 % | £363,751 | £588,751 |
| 3 Month Average | 345.216 % | £776,736 | £1,001,736 |
| 6 Month Average | 321.374 % | £723,090 | £948,090 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Sep 2023 | £635,627 | £627,500 | 6 ALDERLEA CLOSE |
| 22 Aug 2023 | £590,163 | £585,000 | 70 MELROSE AVENUE |
| 21 Feb 2022 | £576,782 | £550,000 | 2 PEAR TREE DRIVE |
| 30 Sep 2021 | £581,900 | £540,000 | 78 MELROSE AVENUE |
| 27 Nov 2020 | £562,287 | £485,000 | 14 YARNBOROUGH HILL |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Birkdale Close | |
| Feb 2024 | Anti-social behaviour | On or near Birkdale Close | |
| Jan 2024 | Burglary | Unable to prosecute suspect | On or near Ounty John Lane |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Marlborough Drive |
| Jan 2024 | Shoplifting | Unable to prosecute suspect | On or near Marlborough Drive |