£170,550
This estimated value is based upon the latest sale price for the house of £127,000 on 18 May 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £127,000 | 18 May 2016 |
| Terraced |
| Freehold |
| Floor Area: 63 sq meters or 678 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 May 2016 the House Price Index for WEST MIDLANDS was 110.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 34.292%.Applying this 34.292% change to the original purchase price of £127,000 results in an estimated price of approximately £170,550.
| 18 May 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 148.6 | 34.292 % | £127,000 | £43,550 | £170,550 |
The Postcode Pricing Model uses changes in average sales price within the WV1 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 | -18.869 % | £-23,963 | £103,036 |
| 3 Month Average | 23.409 % | £29,728 | £156,728 |
| 6 Month Average | 37.242 % | £47,296 | £174,296 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £126,878 | £125,000 | 209 WILLENHALL ROAD |
| 29 Sep 2023 | £223,862 | £221,000 | 15 PLASCOM ROAD |
| 24 Feb 2023 | £207,860 | £208,000 | 47 PLASCOM ROAD |
| 23 Jun 2022 | £218,082 | £215,000 | 55 EAST PARK WAY |
| 10 May 2022 | £120,266 | £118,000 | 5 EAST PARK WAY |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 9 Dec 2015. Using an estimated price of £170,550 means this house is valued at £2,707 per sq meter (£251 per sq foot).
The average size of a house on WILLENHALL ROAD is 77 sq meters (837 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Purslet Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Purslet Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Purslet Road |
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Purslet Road |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Purslet Road |