£202,146
This estimated value is based upon the latest sale price for the house of £138,500 on 28 May 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £138,500 | 28 May 2015 |
| £85,250 | 28 Oct 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 May 2015 the House Price Index for WEST MIDLANDS was 101.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.954%.Applying this 45.954% change to the original purchase price of £138,500 results in an estimated price of approximately £202,146.
| 28 May 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 148.6 | 45.954 % | £138,500 | £63,646 | £202,146 |
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 | 119.291 % | £165,218 | £303,718 |
| 3 Month Average | 58.585 % | £81,140 | £219,640 |
| 6 Month Average | 57.661 % | £79,860 | £218,360 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £177,267 | £175,000 | 7 EDINBURGH ROAD |
| 14 Sep 2023 | £192,461 | £190,000 | 104 BRADLEY LANE |
| 31 Jul 2023 | £192,592 | £190,000 | 47 LEES TERRACE |
| 21 Jul 2023 | £209,824 | £207,000 | 130 WALLACE ROAD |
| 22 Jun 2023 | £167,023 | £165,000 | 5 EDINBURGH ROAD |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 29 Aug 2014. Using an estimated price of £202,146 means this house is valued at £2,197 per sq meter (£204 per sq foot).
The average size of a house on BRADLEY LANE is 81 sq meters (879 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Shoplifting | Unable to prosecute suspect | On or near Mervyn Place |
| Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Mervyn Place |
| Apr 2024 | Anti-social behaviour | On or near Lees Road | |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lees Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mervyn Place |