£203,646
This estimated value is based upon the latest sale price for the house of £117,000 on 13 Sep 2011. 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 Snowdon Way
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Price Paid | Date |
---|---|
£117,000 | 13 Sep 2011 |
£117,000 | 13 Sep 2011 |
Semi-Detached |
Leasehold |
Floor Area: 61 sq meters or 663 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 September 2011 the House Price Index for WEST MIDLANDS was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.057%.Applying this 74.057% change to the original purchase price of £117,000 results in an estimated price of approximately £203,646.
13 Sep 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 149.7 | 74.057 % | £117,000 | £86,646 | £203,646 |
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 | 94.091 % | £110,086 | £227,086 |
3 Month Average | 59.492 % | £69,605 | £186,605 |
6 Month Average | 62.212 % | £72,787 | £189,787 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Dec 2023 | £299,194 | £290,000 | 12 MILESTONE WAY |
15 Dec 2023 | £216,657 | £210,000 | 14 NEVIS GROVE |
4 Oct 2023 | £92,092 | £90,000 | 34 COTSWOLD GROVE |
29 Jun 2023 | £260,215 | £255,000 | 7 NEVIS GROVE |
17 Mar 2023 | £172,887 | £170,000 | 29 ROSEWOOD DRIVE |
This house has a floor area of 61 sq meters or 663 sq feet when measured on 30 Mar 2011. Using an estimated price of £203,646 means this house is valued at £3,305 per sq meter (£307 per sq foot).
The average size of a house on NEVIS GROVE is 83 sq meters (898 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Burglary | Under investigation | On or near Snowdon Way |
Apr 2024 | Vehicle crime | Unable to prosecute suspect | On or near Essington Road |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cotswold Grove |
Jul 2024 | Anti-social behaviour | On or near Essington Road | |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rosewood Drive |