£332,224
This estimated value is based upon the latest sale price for the house of £200,000 on 12 Jul 2013. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £200,000 | 12 Jul 2013 |
| 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 July 2013 the House Price Index for WEST MIDLANDS was 89.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 66.112%.Applying this 66.112% change to the original purchase price of £200,000 results in an estimated price of approximately £332,224.
| 12 Jul 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.5 | 148.6 | 66.112 % | £200,000 | £132,224 | £332,224 |
The Postcode Pricing Model uses changes in average sales price within the WS3 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 | 6.048 % | £12,096 | £212,096 |
| 3 Month Average | 51.065 % | £102,130 | £302,130 |
| 6 Month Average | 51.985 % | £103,970 | £303,970 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £286,159 | £282,500 | 50 GILPIN CRESCENT |
| 22 Sep 2023 | £182,331 | £180,000 | 30 GREEN LANE |
| 31 Mar 2023 | £136,284 | £135,000 | 87 GILPIN CRESCENT |
| 20 Jan 2023 | £328,453 | £330,000 | 61 NORTON ROAD |
| 23 Sep 2022 | £247,997 | £250,000 | 19 CANTERBURY CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other crime | Awaiting court outcome | On or near Norton Road |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Smithy Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Mount Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Mount Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Nicholas Close |