£185,328
This estimated value is based upon the latest sale price for the house of £150,000 on 29 Nov 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £150,000 | 29 Nov 2019 |
| £45,000 | 25 Sep 2002 |
| £39,600 | 10 Aug 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 74 sq meters or 796 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 2019 the House Price Index for WEST MIDLANDS was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.552%.Applying this 23.552% change to the original purchase price of £150,000 results in an estimated price of approximately £185,328.
| 29 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.552 % | £150,000 | £35,328 | £185,328 |
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 | -20.596 % | £-30,894 | £119,105 |
| 3 Month Average | 10.366 % | £15,549 | £165,549 |
| 6 Month Average | 17.433 % | £26,149 | £176,149 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £169,297 | £165,000 | 44 INCHLAGGAN ROAD |
| 3 Nov 2023 | £271,902 | £265,000 | 543 CANNOCK ROAD |
| 15 Jul 2022 | £222,227 | £220,000 | 571 CANNOCK ROAD |
| 24 Jun 2022 | £1,088,263 | £1,065,000 | 4 RAYNOR PARADE RAYNOR ROAD |
| 25 Mar 2022 | £193,128 | £185,000 | 18 MASSBROOK GROVE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 4 May 2019. Using an estimated price of £185,329 means this house is valued at £2,504 per sq meter (£232 per sq foot).
The average size of a house on MASSBROOK ROAD is 81 sq meters (878 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Massbrook Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Mandale Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mandale Road |
| May 2024 | Violence and sexual offences | Under investigation | On or near Mandale Road |
| May 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Mandale Road |