£464,565
This estimated value is based upon the latest sale price for the house of £350,000 on 29 Nov 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£350,000 | 29 Nov 2016 |
Detached |
Freehold |
Floor Area: 224 sq meters or 2,419 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 November 2016 the House Price Index for WEST MIDLANDS was 112.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.733%.Applying this 32.733% change to the original purchase price of £350,000 results in an estimated price of approximately £464,565.
29 Nov 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.8 | 149.7 | 32.733 % | £350,000 | £114,565 | £464,565 |
The Postcode Pricing Model uses changes in average sales price within the DY3 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 | 63.262 % | £221,415 | £571,415 |
3 Month Average | 51.667 % | £180,835 | £530,835 |
6 Month Average | 36.514 % | £127,800 | £477,800 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Apr 2024 | £287,497 | £285,000 | 131 WOLVERHAMPTON ROAD |
25 Oct 2023 | £229,717 | £224,500 | 4 CHARNWOOD AVENUE |
1 Sep 2023 | £255,635 | £250,000 | 254 WOLVERHAMPTON ROAD |
27 Jul 2022 | £360,613 | £357,000 | 123 HIGH PARK CRESCENT |
20 May 2022 | £95,488 | £93,000 | 200A WOLVERHAMPTON ROAD |
This house has a floor area of 224 sq meters or 2,419 sq feet when measured on 27 Oct 2008. Using an estimated price of £464,565 means this house is valued at £2,066 per sq meter (£191 per sq foot).
The average size of a house on WOLVERHAMPTON ROAD is 132 sq meters (1,421 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Possession of weapons | Under investigation | On or near Charnwood Avenue |
Jul 2024 | Vehicle crime | Under investigation | On or near Charnwood Avenue |
Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Charnwood Avenue |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Clee View Meadow |
May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Kineton Rise |