£529,361
This estimated value is based upon the latest sale price for the house of £324,950 on 23 Feb 2007. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £324,950 | 23 Feb 2007 |
| 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 February 2007 the House Price Index for WEST MIDLANDS was 91.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 62.906%.Applying this 62.906% change to the original purchase price of £324,950 results in an estimated price of approximately £529,361.
| 23 Feb 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.2 | 148.6 | 62.906 % | £324,950 | £204,411 | £529,361 |
The Postcode Pricing Model uses changes in average sales price within the WV4 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 | 34.768 % | £112,978 | £437,928 |
| 3 Month Average | 51.779 % | £168,254 | £493,204 |
| 6 Month Average | 44.793 % | £145,555 | £470,505 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £239,185 | £235,000 | 46 LYTTON AVENUE |
| 29 Nov 2023 | £456,762 | £450,000 | 11 SCOTT CLOSE |
| 11 Aug 2023 | £242,118 | £240,000 | 24 LYTTON AVENUE |
| 28 Jul 2023 | £324,366 | £320,000 | 7 SCOTT CLOSE |
| 14 Apr 2023 | £288,102 | £285,000 | 452 PENN ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Under investigation | On or near Lytton Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Scott Avenue |
| Mar 2024 | Drugs | Awaiting court outcome | On or near Scott Avenue |
| Mar 2024 | Other theft | Under investigation | On or near Scott Avenue |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Scott Avenue |