£736,547
This estimated value is based upon the latest sale price for the house of £600,000 on 1 Apr 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £600,000 | 1 Apr 2020 |
| 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 2020 the House Price Index for WEST MIDLANDS was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.758%.Applying this 22.758% change to the original purchase price of £600,000 results in an estimated price of approximately £736,547.
| 1 Apr 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.758 % | £600,000 | £136,547 | £736,547 |
The Postcode Pricing Model uses changes in average sales price within the WS9 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 | -7.949 % | £-47,694 | £552,305 |
| 3 Month Average | 21.664 % | £129,986 | £729,986 |
| 6 Month Average | 15.797 % | £94,779 | £694,779 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Nov 2023 | £243,607 | £240,000 | 46 GRETTON CRESCENT |
| 27 Jul 2023 | £153,060 | £151,000 | 19 GRETTON CRESCENT |
| 30 Jun 2023 | £91,104 | £90,000 | 12 HIGH RIDGE CLOSE |
| 31 Mar 2023 | £413,899 | £410,000 | 3 LIMESTONE CLOSE |
| 11 Nov 2022 | £84,971 | £86,000 | 1 HIGH RIDGE CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Shopping Area |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Westgate |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Middlemore Lane West |
| Feb 2024 | Burglary | Awaiting court outcome | On or near Middlemore Lane West |
| Dec 2023 | Vehicle crime | Unable to prosecute suspect | On or near Wharf Approach |