£149,048
This estimated value is based upon the latest sale price for the house of £95,000 on 14 Aug 2007. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £95,000 | 14 Aug 2007 |
| £80,000 | 23 Nov 2006 |
| £70,000 | 13 Oct 2006 |
| Terraced |
| 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 August 2007 the House Price Index for WEST MIDLANDS was 94.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 56.893%.Applying this 56.893% change to the original purchase price of £95,000 results in an estimated price of approximately £149,048.
| 14 Aug 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.7 | 148.6 | 56.893 % | £95,000 | £54,048 | £149,048 |
The Postcode Pricing Model uses changes in average sales price within the DY4 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 | 20.032 % | £19,030 | £114,030 |
| 3 Month Average | 8.497 % | £8,071 | £103,071 |
| 6 Month Average | 21.804 % | £20,714 | £115,714 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Nov 2023 | £228,381 | £225,000 | 48 OXFORD WAY |
| 22 Sep 2023 | £237,031 | £234,000 | 2 OXFORD WAY |
| 5 Aug 2022 | £129,651 | £130,000 | 5 MENIN ROAD |
| 30 Nov 2021 | £146,545 | £135,500 | 45 GENEVA ROAD |
| 3 Sep 2021 | £161,639 | £150,000 | 39 MENIN ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cedar Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Menin Road |
| Feb 2024 | Anti-social behaviour | On or near Menin Road | |
| Feb 2024 | Anti-social behaviour | On or near Menin Road | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Menin Road |