£288,390
This estimated value is based upon the latest sale price for the house of £275,000 on 4 Feb 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £275,000 | 4 Feb 2022 |
| £141,000 | 29 May 2009 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 February 2022 the House Price Index for WEST MIDLANDS was 141.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 4.869%.Applying this 4.869% change to the original purchase price of £275,000 results in an estimated price of approximately £288,390.
| 4 Feb 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 148.6 | 4.869 % | £275,000 | £13,390 | £288,390 |
The Postcode Pricing Model uses changes in average sales price within the DY3 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 | 18.250 % | £50,186 | £325,186 |
| 3 Month Average | 9.111 % | £25,055 | £300,055 |
| 6 Month Average | 6.493 % | £17,854 | £292,854 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £260,862 | £257,000 | 18 WOODBANK ROAD |
| 21 Apr 2023 | £227,449 | £225,000 | 62 BROWNSWALL ROAD |
| 23 Sep 2022 | £345,708 | £348,500 | 15 OAKLEIGH DRIVE |
| 12 Sep 2022 | £275,277 | £277,500 | 85 BROWNSWALL ROAD |
| 30 May 2022 | £295,569 | £290,000 | 7 WOODBANK ROAD |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 18 Oct 2021. Using an estimated price of £288,391 means this house is valued at £3,560 per sq meter (£330 per sq foot).
The average size of a house on WOODBANK ROAD is 90 sq meters (973 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Unable to prosecute suspect | On or near Petrol Station |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Petrol Station |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Petrol Station |