£209,477
This estimated value is based upon the latest sale price for the house of £205,000 on 28 Jun 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £205,000 | 28 Jun 2022 |
| £136,000 | 10 Oct 2008 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 710 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 2022 the House Price Index for WEST MIDLANDS was 146.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.184%.Applying this 2.184% change to the original purchase price of £205,000 results in an estimated price of approximately £209,477.
| 28 Jun 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 149.7 | 2.184 % | £205,000 | £4,477 | £209,477 |
The Postcode Pricing Model uses changes in average sales price within the WV12 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 | 11.492 % | £23,559 | £228,559 |
| 3 Month Average | 4.945 % | £10,137 | £215,137 |
| 6 Month Average | 13.342 % | £27,350 | £232,350 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Dec 2023 | £211,499 | £205,000 | 10 ROSEWOOD DRIVE |
| 18 Dec 2023 | £299,194 | £290,000 | 12 MILESTONE WAY |
| 15 Dec 2023 | £216,657 | £210,000 | 14 NEVIS GROVE |
| 29 Jun 2023 | £260,215 | £255,000 | 7 NEVIS GROVE |
| 17 Mar 2023 | £172,887 | £170,000 | 29 ROSEWOOD DRIVE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 2 Dec 2021. Using an estimated price of £209,478 means this house is valued at £3,173 per sq meter (£294 per sq foot).
The average size of a house on MILESTONE WAY is 99 sq meters (1,072 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rosewood Drive |
| May 2024 | Burglary | Under investigation | On or near Snowdon Way |
| Jun 2024 | Vehicle crime | Unable to prosecute suspect | On or near Redwood Way |
| Jul 2024 | Anti-social behaviour | On or near Essington Road | |
| Apr 2024 | Vehicle crime | Unable to prosecute suspect | On or near Essington Road |