£429,300
This estimated value is based upon the latest sale price for the house of £182,000 on 30 Jun 2003. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £182,000 | 30 Jun 2003 |
| 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 June 2003 the House Price Index for WEST MIDLANDS was 63.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 135.879%.Applying this 135.879% change to the original purchase price of £182,000 results in an estimated price of approximately £429,300.
| 30 Jun 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 63.0 | 148.6 | 135.879 % | £182,000 | £247,300 | £429,300 |
The Postcode Pricing Model uses changes in average sales price within the WS4 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 | 27.077 % | £49,280 | £231,280 |
| 3 Month Average | 25.531 % | £46,466 | £228,466 |
| 6 Month Average | 89.399 % | £162,706 | £344,706 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £413,059 | £407,500 | 1 REDMIRES CLOSE |
| 29 Apr 2022 | £226,556 | £220,000 | 19 REDMIRES CLOSE |
| 8 Apr 2022 | £293,493 | £285,000 | 54 THE PARKWAY |
| 17 Dec 2021 | £278,558 | £260,000 | 23 SEDGEMERE GROVE |
| 29 Oct 2021 | £221,290 | £199,995 | 14 MEADOW CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Willows Road |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Briarbeck |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Fenbourne Close |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Fenbourne Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Fenbourne Close |