£1,542,496
This estimated value is based upon the latest sale price for the house of £420,000 on 14 Sep 2000. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £420,000 | 14 Sep 2000 |
| 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 September 2000 the House Price Index for WEST MIDLANDS was 40.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 267.261%.Applying this 267.261% change to the original purchase price of £420,000 results in an estimated price of approximately £1,542,496.
| 14 Sep 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.5 | 148.6 | 267.261 % | £420,000 | £1,122,496 | £1,542,496 |
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 | 381.659 % | £1,602,966 | £2,022,966 |
| 3 Month Average | 252.626 % | £1,061,029 | £1,481,029 |
| 6 Month Average | 254.755 % | £1,069,970 | £1,489,970 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2023 | £555,986 | £550,000 | 74 WERGS ROAD |
| 9 Mar 2023 | £726,848 | £720,000 | 88 WERGS ROAD |
| 8 Mar 2023 | £711,705 | £705,000 | 82A WROTTESLEY ROAD |
| 25 Jan 2023 | £423,007 | £425,000 | 63 HENRY FOWLER DRIVE |
| 29 Jul 2022 | £330,891 | £330,000 | 1 ELLEN PLACE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wergs Road |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wergs Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Henry Fowler Drive |
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Wergs Road |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Birchfield Avenue |