£126,377
This estimated value is based upon the latest sale price for the house of £103,000 on 13 Sep 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £103,000 | 13 Sep 2019 |
| £89,950 | 10 Nov 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 83 sq meters or 895 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 September 2019 the House Price Index for WEST MIDLANDS was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.696%.Applying this 22.696% change to the original purchase price of £103,000 results in an estimated price of approximately £126,377.
| 13 Sep 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.696 % | £103,000 | £23,377 | £126,377 |
The Postcode Pricing Model uses changes in average sales price within the WS3 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 | -15.324 % | £-15,783 | £87,216 |
| 3 Month Average | 21.029 % | £21,659 | £124,659 |
| 6 Month Average | 25.754 % | £26,526 | £129,526 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Aug 2023 | £188,650 | £187,000 | 402 GOSCOTE LANE |
| 28 Jul 2023 | £172,319 | £170,000 | 18 THAMES ROAD |
| 25 Apr 2023 | £137,480 | £136,000 | 46 MERSEY ROAD |
| 24 Mar 2023 | £232,188 | £230,000 | 58 SEVERN ROAD |
| 20 Jan 2023 | £199,062 | £200,000 | 2 THAMES ROAD |
This house has a floor area of 83 sq meters or 895 sq feet when measured on 19 Oct 2010. Using an estimated price of £126,377 means this house is valued at £1,518 per sq meter (£141 per sq foot).
The average size of a house on THAMES ROAD is 96 sq meters (1,035 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Wye Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Wye Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wye Road |
| Feb 2024 | Public order | Under investigation | On or near Wye Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Wye Road |