£341,454
This estimated value is based upon the latest sale price for the house of £205,000 on 3 Jun 2013. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £205,000 | 3 Jun 2013 |
| £187,000 | 13 Oct 2005 |
| £135,000 | 26 May 2004 |
| 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 2013 the House Price Index for WEST MIDLANDS was 89.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 66.563%.Applying this 66.563% change to the original purchase price of £205,000 results in an estimated price of approximately £341,454.
| 3 Jun 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.2 | 148.6 | 66.563 % | £205,000 | £136,454 | £341,454 |
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 | 22.106 % | £45,317 | £250,317 |
| 3 Month Average | 54.971 % | £112,689 | £317,689 |
| 6 Month Average | 51.586 % | £105,751 | £310,751 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £329,209 | £325,000 | 56 LEA MANOR DRIVE |
| 29 Sep 2023 | £268,432 | £265,000 | 5 CHURCH HILL |
| 15 Sep 2023 | £303,885 | £300,000 | 10 VICARAGE ROAD |
| 21 Apr 2023 | £227,449 | £225,000 | 26 VICARAGE ROAD |
| 17 Jan 2023 | £290,631 | £292,000 | 2 WHEATHILL CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Trimpley Gardens |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Trimpley Gardens |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Lea Manor Drive |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wheathill Close |
| Jan 2024 | Drugs | Under investigation | On or near Wheathill Close |