£134,629
This estimated value is based upon the latest sale price for the house of £106,000 on 16 Aug 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Dudley Road
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| Price Paid | Date |
|---|---|
| £106,000 | 16 Aug 2017 |
| £96,000 | 13 Jun 2008 |
| £41,000 | 23 Sep 1996 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 August 2017 the House Price Index for WEST MIDLANDS was 117.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.009%.Applying this 27.009% change to the original purchase price of £106,000 results in an estimated price of approximately £134,629.
| 16 Aug 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 148.6 | 27.009 % | £106,000 | £28,629 | £134,629 |
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 | 23.114 % | £24,501 | £130,501 |
| 3 Month Average | 38.367 % | £40,669 | £146,669 |
| 6 Month Average | 27.348 % | £28,989 | £134,989 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £273,497 | £270,000 | 37 FURLONGS ROAD |
| 2 Aug 2023 | £282,471 | £280,000 | 27 FURLONGS ROAD |
| 19 Aug 2022 | £304,181 | £305,000 | 19 LIMES VIEW |
| 27 May 2022 | £171,226 | £168,000 | 16 DUDLEY ROAD |
| 14 Apr 2022 | £164,768 | £160,000 | 58 THE RIDGEWAY |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 15 May 2017. Using an estimated price of £134,629 means this house is valued at £1,682 per sq meter (£156 per sq foot).
The average size of a house on DUDLEY ROAD is 118 sq meters (1,274 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Dudley Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Furlongs Road |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Furlongs Road |
| Mar 2024 | Drugs | Under investigation | On or near Dudley Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dudley Road |