£109,212
This estimated value is based upon the latest sale price for the house of £80,000 on 12 Feb 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £80,000 | 12 Feb 2016 |
| £85,000 | 7 Aug 2014 |
| £14,850 | 12 Sep 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 84 sq meters or 904 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 February 2016 the House Price Index for WEST MIDLANDS was 108.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 36.515%.Applying this 36.515% change to the original purchase price of £80,000 results in an estimated price of approximately £109,212.
| 12 Feb 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.9 | 148.6 | 36.515 % | £80,000 | £29,212 | £109,212 |
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 | 74.296 % | £59,436 | £139,436 |
| 3 Month Average | 49.990 % | £39,992 | £119,992 |
| 6 Month Average | 51.645 % | £41,315 | £121,315 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £233,456 | £230,000 | 28 GREEN DRIVE |
| 27 Sep 2023 | £260,329 | £257,000 | 4 BURNHAM AVENUE |
| 30 Aug 2023 | £166,456 | £165,000 | 15 MANOR ROAD |
| 29 Jun 2023 | £160,950 | £159,000 | 37 GREEN DRIVE |
| 23 Feb 2023 | £149,899 | £150,000 | 319 - 321 STAFFORD ROAD |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 17 Sep 2014. Using an estimated price of £109,212 means this house is valued at £1,300 per sq meter (£120 per sq foot).
There is one other house on the street which we know the size of, this is 40 GREENWOOD ROAD it is 83.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Greenwood Road |
| Mar 2024 | Other crime | Under investigation | On or near Greenwood Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Greenwood Road |
| Apr 2024 | Other crime | Under investigation | On or near Manor Road |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Manor Road |