£696,725
This estimated value is based upon the latest sale price for the house of £315,000 on 27 Nov 2003. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £315,000 | 27 Nov 2003 |
| 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 November 2003 the House Price Index for WEST MIDLANDS was 67.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 121.183%.Applying this 121.183% change to the original purchase price of £315,000 results in an estimated price of approximately £696,725.
| 27 Nov 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 67.2 | 148.6 | 121.183 % | £315,000 | £381,725 | £696,725 |
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 | 177.165 % | £558,069 | £873,069 |
| 3 Month Average | 99.252 % | £312,644 | £627,644 |
| 6 Month Average | 109.681 % | £345,493 | £660,493 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Jan 2023 | £253,755 | £254,950 | 19 REDHOUSE ROAD |
| 14 Oct 2022 | £494,674 | £500,000 | 49 WROTTESLEY ROAD |
| 8 Apr 2022 | £540,645 | £525,000 | 27 WROTTESLEY ROAD |
| 6 Dec 2021 | £471,406 | £440,000 | 25 REDHOUSE ROAD |
| 19 Nov 2021 | £443,421 | £410,000 | 28B WROTTESLEY ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Brookfield Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brookfield Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Davenport Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Mancroft Gardens |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Nethy Drive |