£163,025
This estimated value is based upon the latest sale price for the house of £141,000 on 14 Dec 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £141,000 | 14 Dec 2020 |
| Terraced |
| Freehold |
| Floor Area: 111 sq meters or 1,194 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 2020 the House Price Index for WEST MIDLANDS was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £141,000 results in an estimated price of approximately £163,025.
| 14 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 149.7 | 15.621 % | £141,000 | £22,025 | £163,025 |
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 | 60.298 % | £85,020 | £226,020 |
| 3 Month Average | 29.861 % | £42,104 | £183,104 |
| 6 Month Average | 25.411 % | £35,828 | £176,828 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Oct 2023 | £255,810 | £250,000 | 29 WATSON ROAD |
| 18 Oct 2023 | £184,183 | £180,000 | 13 SMOUT CRESCENT |
| 4 Sep 2023 | £221,891 | £217,000 | 102 WOODCROSS LANE |
| 1 Sep 2023 | £219,284 | £214,450 | 10 WADDELL CLOSE |
| 14 Aug 2023 | £97,560 | £95,800 | 96 WOODCROSS LANE |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 14 Feb 2020. Using an estimated price of £163,026 means this house is valued at £1,468 per sq meter (£136 per sq foot).
The average size of a house on WATSON ROAD is 110 sq meters (1,191 sq feet).
This house is the largest in the street with a floor area of 111 sq meters (1,194 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Watson Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Bellevue Street |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Bellevue Street |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Waddell Close |
| Jun 2024 | Anti-social behaviour | On or near Sherwin Avenue |