£145,641
This estimated value is based upon the latest sale price for the house of £115,000 on 8 Dec 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £115,000 | 8 Dec 2017 |
| £72,000 | 18 Mar 2005 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 800 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 December 2017 the House Price Index for WEST MIDLANDS was 118.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.645%.Applying this 26.645% change to the original purchase price of £115,000 results in an estimated price of approximately £145,641.
| 8 Dec 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 149.7 | 26.645 % | £115,000 | £30,641 | £145,641 |
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 | 111.307 % | £128,003 | £243,003 |
| 3 Month Average | 52.761 % | £60,675 | £175,675 |
| 6 Month Average | 56.749 % | £65,261 | £180,261 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £146,270 | £145,000 | 59 BRADLEY LANE |
| 22 Sep 2023 | £178,945 | £175,000 | 7 EDINBURGH ROAD |
| 22 Jun 2023 | £168,374 | £165,000 | 5 EDINBURGH ROAD |
| 24 Mar 2023 | £202,380 | £199,000 | 4 RALEIGH ROAD |
| 17 Jun 2022 | £306,553 | £300,000 | 42 ELDER ROAD |
This house has a floor area of 74 sq meters or 800 sq feet when measured on 9 Mar 2011. Using an estimated price of £145,641 means this house is valued at £1,957 per sq meter (£181 per sq foot).
The average size of a house on BILBOE ROAD is 97 sq meters (1,047 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Bilboe Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bilboe Road |
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Bilboe Road |
| Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Bilboe Road |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bradley Lane |