£423,081
This estimated value is based upon the latest sale price for the house of £345,000 on 11 Oct 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £345,000 | 11 Oct 2019 |
| £217,500 | 19 Jul 2012 |
| £95,000 | 17 Sep 1998 |
| £107,000 | 4 Jun 1998 |
| 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 October 2019 the House Price Index for WEST MIDLANDS was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.632%.Applying this 22.632% change to the original purchase price of £345,000 results in an estimated price of approximately £423,081.
| 11 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.632 % | £345,000 | £78,081 | £423,081 |
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 | 36.615 % | £126,321 | £471,321 |
| 3 Month Average | 17.470 % | £60,272 | £405,272 |
| 6 Month Average | 12.229 % | £42,190 | £387,190 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Sep 2023 | £465,958 | £460,000 | 8 JOYBERRY DRIVE |
| 6 Apr 2023 | £591,367 | £585,000 | 36 STANLEY ROAD |
| 14 Feb 2023 | £379,744 | £380,000 | 18 GAINSBOROUGH HILL |
| 7 Sep 2022 | £406,716 | £410,000 | 9 JOYBERRY DRIVE |
| 1 Jun 2022 | £342,338 | £337,500 | 7 LEA VALE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mary Stevens Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Mary Stevens Close |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Glen Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lea Vale Road |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Dale Road |