£293,611
This estimated value is based upon the latest sale price for the house of £173,200 on 9 Jan 2013. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £173,200 | 9 Jan 2013 |
| £146,000 | 21 May 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 151 sq meters or 1,625 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 January 2013 the House Price Index for WEST MIDLANDS was 87.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.521%.Applying this 69.521% change to the original purchase price of £173,200 results in an estimated price of approximately £293,611.
| 9 Jan 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 148.6 | 69.521 % | £173,200 | £120,411 | £293,611 |
The Postcode Pricing Model uses changes in average sales price within the WV12 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 | 5.078 % | £8,794 | £181,994 |
| 3 Month Average | 52.994 % | £91,785 | £264,985 |
| 6 Month Average | 54.324 % | £94,088 | £267,288 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Mar 2023 | £388,662 | £385,000 | 62 BROAD LANE SOUTH |
| 29 Jul 2022 | £391,053 | £390,000 | 3 FIVE FIELDS ROAD |
| 25 Apr 2022 | £262,599 | £255,000 | 2 LEA VIEW |
| 22 Feb 2022 | £288,391 | £275,000 | 42 FIVE FIELDS ROAD |
| 12 Nov 2021 | £281,194 | £260,000 | 21 FIVE FIELDS ROAD |
This house has a floor area of 151 sq meters or 1,625 sq feet when measured on 3 Sep 2012. Using an estimated price of £293,611 means this house is valued at £1,944 per sq meter (£180 per sq foot).
There is one other house on the street which we know the size of, this is 6 FIVE FIELDS ROAD it is 78.84
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Five Fields Road |
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Five Fields Road |
| Mar 2024 | Vehicle crime | Under investigation | On or near Pool Hayes Lane |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Broad Lane South |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Meadow Lane |