£242,116
This estimated value is based upon the latest sale price for the house of £235,000 on 26 Jan 2024. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £235,000 | 26 Jan 2024 |
| £150,000 | 25 Sep 2020 |
| Detached |
| Freehold |
| Floor Area: 46 sq meters or 495 sq feet |
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 January 2024 the House Price Index for WEST MIDLANDS was 145.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.028%.Applying this 3.028% change to the original purchase price of £235,000 results in an estimated price of approximately £242,116.
| 26 Jan 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.3 | 149.7 | 3.028 % | £235,000 | £7,116 | £242,116 |
The Postcode Pricing Model uses changes in average sales price within the WV14 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 | 39.297 % | £92,347 | £327,347 |
| 3 Month Average | 24.382 % | £57,296 | £292,296 |
| 6 Month Average | 4.140 % | £9,729 | £244,729 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £153,982 | £149,250 | 6 BAILEY ROAD |
| 10 Feb 2023 | £156,042 | £155,000 | 53 BAILEY ROAD |
| 12 Jan 2023 | £224,600 | £224,000 | 21 HADLEY ROAD |
| 28 May 2022 | £129,370 | £126,000 | 22 BAILEY ROAD |
| 18 Mar 2022 | £173,710 | £166,400 | 210 WELLINGTON ROAD |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 24 Jul 2019.
The average size of a house on HADLEY ROAD is 82 sq meters (883 sq feet).
This house is the smallest in the street with a floor area of 46 sq meters (495 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Unable to prosecute suspect | On or near Bulger Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bulger Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bulger Road |
| Jun 2024 | Shoplifting | Unable to prosecute suspect | On or near Petrol Station |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Petrol Station |