£293,820
This estimated value is based upon the latest sale price for the house of £220,000 on 17 Jun 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £220,000 | 17 Jun 2016 |
| £125,000 | 11 Jun 2015 |
| 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 2016 the House Price Index for WEST MIDLANDS was 111.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.555%.Applying this 33.555% change to the original purchase price of £220,000 results in an estimated price of approximately £293,820.
| 17 Jun 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 148.6 | 33.555 % | £220,000 | £73,820 | £293,820 |
The Postcode Pricing Model uses changes in average sales price within the WV3 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 | 93.194 % | £205,026 | £425,026 |
| 3 Month Average | 16.841 % | £37,050 | £257,050 |
| 6 Month Average | 18.666 % | £41,064 | £261,064 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Aug 2023 | £327,868 | £325,000 | 10 BROADLEAF GARDENS |
| 14 Jul 2023 | £430,798 | £425,000 | 10 THE MINSTER |
| 15 Jun 2023 | £160,950 | £159,000 | 20 HOLLY GROVE |
| 31 May 2022 | £315,953 | £310,000 | 4 HOLLY GROVE |
| 11 Mar 2022 | £269,428 | £260,000 | 25 HOLLY GROVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near The Minster | |
| Feb 2024 | Anti-social behaviour | On or near The Minster | |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near The Minster |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near The Minster |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Holly Grove |