£317,465
This estimated value is based upon the latest sale price for the house of £68,000 on 12 Nov 1998. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £68,000 | 12 Nov 1998 |
| Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 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 November 1998 the House Price Index for WEST MIDLANDS was 32.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 366.861%.Applying this 366.861% change to the original purchase price of £68,000 results in an estimated price of approximately £317,465.
| 12 Nov 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.1 | 149.7 | 366.861 % | £68,000 | £249,465 | £317,465 |
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 | 358.591 % | £243,841 | £311,841 |
| 3 Month Average | 275.904 % | £187,614 | £255,614 |
| 6 Month Average | 304.922 % | £207,346 | £275,346 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £196,023 | £190,000 | 42 BROADMOOR ROAD |
| 24 Mar 2023 | £158,141 | £155,500 | 2 ROUNDS ROAD |
| 15 Mar 2023 | £218,601 | £214,950 | 44 ROUNDS ROAD |
| 27 Jun 2022 | £158,386 | £155,000 | 61 ROUNDS ROAD |
| 19 Aug 2021 | £185,439 | £165,000 | 57 ROUNDS ROAD |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 12 Oct 2018. Using an estimated price of £317,466 means this house is valued at £3,527 per sq meter (£327 per sq foot).
The average size of a house on ROUNDS ROAD is 80 sq meters (868 sq feet).
This house is the largest in the street with a floor area of 90 sq meters (968 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Paul Pursehouse Road | |
| Jun 2024 | Anti-social behaviour | On or near Paul Pursehouse Road | |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Paul Pursehouse Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Paul Pursehouse Road |
| Jun 2024 | Anti-social behaviour | On or near Goldborough Close |