£268,757
This estimated value is based upon the latest sale price for the house of £54,500 on 5 Dec 1997. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£54,500 | 5 Dec 1997 |
Semi-Detached |
Freehold |
Floor Area: 109 sq meters or 1,173 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 December 1997 the House Price Index for WEST MIDLANDS was 30.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 393.133%.Applying this 393.133% change to the original purchase price of £54,500 results in an estimated price of approximately £268,757.
5 Dec 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
30.4 | 149.7 | 393.133 % | £54,500 | £214,257 | £268,757 |
The Postcode Pricing Model uses changes in average sales price within the WV10 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 | 197.138 % | £107,440 | £161,940 |
3 Month Average | 312.483 % | £170,303 | £224,803 |
6 Month Average | 343.495 % | £187,204 | £241,704 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £98,500 | £96,000 | 316 - 318 PRESTWOOD ROAD |
15 Sep 2023 | £143,156 | £140,000 | 21 BRAMERTON CLOSE |
29 Jun 2023 | £194,396 | £190,500 | 42 WIMBORNE ROAD |
24 Jan 2023 | £175,469 | £175,000 | 357 PRESTWOOD ROAD |
14 Jan 2022 | £214,160 | £202,000 | 50 WIMBORNE ROAD |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 29 May 2020. Using an estimated price of £268,757 means this house is valued at £2,465 per sq meter (£229 per sq foot).
The average size of a house on WIMBORNE ROAD is 103 sq meters (1,119 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Wimborne Road | |
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wimborne Road |
Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Maurice Grove |
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Maurice Grove |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Maurice Grove |