£104,422
This estimated value is based upon the latest sale price for the house of £81,500 on 30 Jun 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £81,500 | 30 Jun 2017 |
| £87,500 | 8 Oct 2014 |
| Flats/Maisonettes |
| Leasehold |
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 2017 the House Price Index for WEST MIDLANDS was 116.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.126%.Applying this 28.126% change to the original purchase price of £81,500 results in an estimated price of approximately £104,422.
| 30 Jun 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 148.6 | 28.126 % | £81,500 | £22,922 | £104,422 |
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 | 27.241 % | £22,201 | £103,701 |
| 3 Month Average | 41.533 % | £33,849 | £115,349 |
| 6 Month Average | 35.521 % | £28,949 | £110,449 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Aug 2023 | £90,794 | £90,000 | 156 WARSTONES ROAD |
| 18 Nov 2022 | £194,148 | £196,500 | 4 ROCHFORD GROVE |
| 4 Nov 2022 | £247,008 | £250,000 | 6 TENBURY GARDENS |
| 4 Aug 2022 | £165,554 | £166,000 | 215 WARSTONES DRIVE |
| 15 Jul 2022 | £275,742 | £275,000 | 141 WARSTONES ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Warstones Road |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Warstones Road |
| Mar 2024 | Public order | Under investigation | On or near Hill Croft Gardens |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hill Croft Gardens |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hill Croft Gardens |