£160,744
This estimated value is based upon the latest sale price for the house of £124,000 on 10 May 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£124,000 | 10 May 2017 |
£93,500 | 30 Jun 2011 |
£60,000 | 14 Nov 2003 |
Semi-Detached |
Freehold |
Floor Area: 78 sq meters or 841 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 2017 the House Price Index for WEST MIDLANDS was 115.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.633%.Applying this 29.633% change to the original purchase price of £124,000 results in an estimated price of approximately £160,744.
10 May 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
115.5 | 149.7 | 29.633 % | £124,000 | £36,744 | £160,744 |
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 | 93.435 % | £115,859 | £239,859 |
3 Month Average | 54.222 % | £67,235 | £191,235 |
6 Month Average | 49.085 % | £60,865 | £184,865 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Mar 2024 | £164,528 | £162,000 | 11 CAUSEWAY ROAD |
13 Oct 2023 | £148,370 | £145,000 | 1C WALLBROOK STREET |
29 Sep 2023 | £115,547 | £113,000 | 18 WAGSTAFF CLOSE |
26 Apr 2023 | £173,240 | £170,000 | 17 ROUNDS HILL ROAD |
6 Apr 2023 | £193,622 | £190,000 | 30 BROOKLYN GROVE |
This house has a floor area of 78 sq meters or 841 sq feet when measured on 14 Feb 2011. Using an estimated price of £160,745 means this house is valued at £2,055 per sq meter (£190 per sq foot).
The average size of a house on ROUNDS HILL ROAD is 81 sq meters (876 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Criminal damage and arson | Under investigation | On or near Causeway Road |
Jun 2024 | Burglary | Under investigation | On or near Rounds Hill Road |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Wallbrook Street |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wallbrook Street |
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wallbrook Street |