£139,061
This estimated value is based upon the latest sale price for the house of £82,000 on 4 Jun 2010. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £82,000 | 4 Jun 2010 |
| £87,500 | 1 Jul 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 77 sq meters or 828 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 June 2010 the House Price Index for WEST MIDLANDS was 87.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.587%.Applying this 69.587% change to the original purchase price of £82,000 results in an estimated price of approximately £139,061.
| 4 Jun 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 148.6 | 69.587 % | £82,000 | £57,061 | £139,061 |
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 | 145.802 % | £119,557 | £201,557 |
| 3 Month Average | 83.729 % | £68,657 | £150,657 |
| 6 Month Average | 89.811 % | £73,645 | £155,645 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £143,119 | £141,000 | 36 FORDHOUSE ROAD |
| 26 Sep 2023 | £162,072 | £160,000 | 124 RINGWOOD ROAD |
| 21 Aug 2023 | £212,862 | £211,000 | 46 PURCELL ROAD |
| 24 Apr 2023 | £141,524 | £140,000 | 39 STANLEY ROAD |
| 27 May 2022 | £178,870 | £175,500 | 146 FORDHOUSE ROAD |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 30 Nov 2016. Using an estimated price of £139,061 means this house is valued at £1,805 per sq meter (£167 per sq foot).
The average size of a house on FORDHOUSE ROAD is 86 sq meters (931 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Fordhouse Road |
| Apr 2024 | Vehicle crime | Unable to prosecute suspect | On or near Fordhouse Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fordhouse Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fordhouse Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fordhouse Road |