£148,760
This estimated value is based upon the latest sale price for the house of £120,000 on 19 Aug 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £120,000 | 19 Aug 2019 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 882 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 August 2019 the House Price Index for WEST MIDLANDS was 120.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.967%.Applying this 23.967% change to the original purchase price of £120,000 results in an estimated price of approximately £148,760.
| 19 Aug 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 149.7 | 23.967 % | £120,000 | £28,760 | £148,760 |
The Postcode Pricing Model uses changes in average sales price within the WV11 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 | -34.835 % | £-41,802 | £78,197 |
| 3 Month Average | 21.431 % | £25,717 | £145,717 |
| 6 Month Average | 26.672 % | £32,006 | £152,006 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Feb 2023 | £238,594 | £237,000 | 28 LOWER PRESTWOOD ROAD |
| 26 Sep 2022 | £229,846 | £230,000 | 3 GRASMERE ROAD |
| 18 Jul 2022 | £154,044 | £152,500 | 37 BEALEYS AVENUE |
| 25 May 2022 | £150,932 | £147,000 | 43 MEREDITH ROAD |
| 11 Apr 2022 | £84,031 | £81,000 | FLAT 7 BEALEYS COURT BEALEYS AVENUE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 25 Mar 2019. Using an estimated price of £148,761 means this house is valued at £1,814 per sq meter (£168 per sq foot).
The average size of a house on MEREDITH ROAD is 80 sq meters (871 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Meredith Road | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Meredith Road |
| Jul 2024 | Vehicle crime | Under investigation | On or near Meredith Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Meredith Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Meredith Road |