£192,675
This estimated value is based upon the latest sale price for the house of £112,000 on 17 Mar 2011. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £112,000 | 17 Mar 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 91 sq meters or 986 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 March 2011 the House Price Index for WEST MIDLANDS was 86.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.032%.Applying this 72.032% change to the original purchase price of £112,000 results in an estimated price of approximately £192,675.
| 17 Mar 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.4 | 148.6 | 72.032 % | £112,000 | £80,675 | £192,675 |
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 | 94.418 % | £105,747 | £217,747 |
| 3 Month Average | 61.681 % | £69,082 | £181,082 |
| 6 Month Average | 64.973 % | £72,769 | £184,769 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Apr 2023 | £212,286 | £210,000 | 27 SWANN ROAD |
| 29 Mar 2023 | £206,950 | £205,000 | 45 HURST ROAD |
| 8 Jun 2022 | £177,509 | £175,000 | 67 PAUL STREET |
| 11 May 2022 | £163,073 | £160,000 | 9 SMITH CLOSE |
| 11 Mar 2022 | £227,978 | £220,000 | 38 CHILDS AVENUE |
This house has a floor area of 91 sq meters or 986 sq feet when measured on 12 Apr 2011. Using an estimated price of £192,676 means this house is valued at £2,102 per sq meter (£195 per sq foot).
The average size of a house on CHILDS AVENUE is 107 sq meters (1,155 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Stretton Place |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Stretton Place |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stretton Place |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Stretton Place |
| Mar 2024 | Robbery | Investigation complete; no suspect identified | On or near Sports/Recreation Area |