£553,563
This estimated value is based upon the latest sale price for the house of £355,500 on 3 Apr 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £355,500 | 3 Apr 2014 |
| 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 April 2014 the House Price Index for WEST MIDLANDS was 95.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.714%.Applying this 55.714% change to the original purchase price of £355,500 results in an estimated price of approximately £553,563.
| 3 Apr 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.4 | 148.6 | 55.714 % | £355,500 | £198,063 | £553,563 |
The Postcode Pricing Model uses changes in average sales price within the CV5 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 | 40.650 % | £144,511 | £500,011 |
| 3 Month Average | 35.598 % | £126,551 | £482,051 |
| 6 Month Average | 47.177 % | £167,713 | £523,213 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £334,959 | £330,000 | 2 RIPON CLOSE |
| 9 Jun 2023 | £288,495 | £285,000 | 13 RIPON CLOSE |
| 29 Jul 2022 | £288,276 | £287,500 | 9 RYDAL CLOSE |
| 3 Feb 2022 | £786,521 | £750,000 | THE PIGGERIES WALL HILL ROAD |
| 3 Feb 2022 | £891,390 | £850,000 | WALL HILL HALL WALL HILL ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Unable to prosecute suspect | On or near Hawkes Mill Lane |
| Mar 2024 | Drugs | Unable to prosecute suspect | On or near Washbrook Lane |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Carvell Close |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Carvell Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Burlywood Close |