£181,289
This estimated value is based upon the latest sale price for the house of £175,000 on 7 Feb 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There have been five burglaries within the last year on or near Shopping Area
More crime details
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £175,000 | 7 Feb 2022 |
| 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 February 2022 the House Price Index for WEST MIDLANDS was 141.9.
The House Price Index as of 1 Jan 2024 is 147.0 which is a change of 3.594%.Applying this 3.594% change to the original purchase price of £175,000 results in an estimated price of approximately £181,289.
| 7 Feb 2022 | 1 Jan 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.9 | 147.0 | 3.594 % | £175,000 | £6,289 | £181,289 |
The Postcode Pricing Model uses changes in average sales price within the DY5 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 | 22.925 % | £40,119 | £215,119 |
| 3 Month Average | -2.076 % | £-3,632 | £171,367 |
| 6 Month Average | -1.857 % | £-3,249 | £171,750 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Oct 2023 | £169,424 | £170,000 | 27 MADISON AVENUE |
| 20 Oct 2023 | £298,983 | £300,000 | UNIT 10 PEDMORE ROAD INDUSTRIAL ESTATE |
| 8 Mar 2023 | £164,552 | £165,000 | 30 MADISON AVENUE |
| 21 Dec 2022 | £1,834,701 | £1,873,392 | PETROL STATION PEDMORE ROAD |
| 28 Nov 2022 | £312,558 | £320,000 | UNIT 1 PEDMORE ROAD INDUSTRIAL ESTATE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Shopping Area |
| Feb 2024 | Burglary | Under investigation | On or near Shopping Area |
| Feb 2024 | Burglary | Under investigation | On or near Shopping Area |
| Feb 2024 | Burglary | Under investigation | On or near Shopping Area |
| Feb 2024 | Burglary | Awaiting court outcome | On or near Shopping Area |