£261,617
This estimated value is based upon the latest sale price for the house of £163,000 on 17 Dec 2013. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £163,000 | 17 Dec 2013 |
| Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 2013 the House Price Index for WEST MIDLANDS was 92.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 60.502%.Applying this 60.502% change to the original purchase price of £163,000 results in an estimated price of approximately £261,617.
| 17 Dec 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.6 | 148.6 | 60.502 % | £163,000 | £98,617 | £261,617 |
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 | 61.921 % | £100,931 | £263,931 |
| 3 Month Average | 41.305 % | £67,327 | £230,327 |
| 6 Month Average | 51.178 % | £83,420 | £246,420 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £120,541 | £119,000 | 9 WALLACE ROAD |
| 19 Jun 2023 | £123,496 | £122,000 | 21 WALLACE ROAD |
| 31 Mar 2023 | £247,330 | £245,000 | 127 CONSTANTINE WAY |
| 14 Feb 2023 | £284,808 | £285,000 | 137 CONSTANTINE WAY |
| 14 Sep 2022 | £277,757 | £280,000 | 112 CONSTANTINE WAY |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 7 Aug 2014. Using an estimated price of £261,618 means this house is valued at £3,007 per sq meter (£279 per sq foot).
The average size of a house on CONSTANTINE WAY is 108 sq meters (1,167 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Harlyn Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Harlyn Close |
| Feb 2024 | Public order | Awaiting court outcome | On or near Sycamore Place |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Sycamore Place |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sycamore Place |