£218,723
This estimated value is based upon the latest sale price for the house of £139,950 on 1 Nov 2007. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £139,950 | 1 Nov 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 2007 the House Price Index for WEST MIDLANDS was 95.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.287%.Applying this 56.287% change to the original purchase price of £139,950 results in an estimated price of approximately £218,723.
| 1 Nov 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.8 | 149.7 | 56.287 % | £139,950 | £78,773 | £218,723 |
The Postcode Pricing Model uses changes in average sales price within the WV10 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 | 4.422 % | £6,188 | £146,138 |
| 3 Month Average | 42.605 % | £59,626 | £199,576 |
| 6 Month Average | 49.295 % | £68,987 | £208,937 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £91,653 | £90,000 | 71 HUMPHRIES ROAD |
| 16 Feb 2023 | £174,667 | £173,500 | 18 OTHELLO ROAD |
| 30 Nov 2021 | £162,338 | £149,000 | 6 MONTANO DRIVE |
| 2 Sep 2021 | £195,402 | £180,000 | 16 HUMPHRIES ROAD |
| 30 Jun 2021 | £205,359 | £189,995 | 21 JULIET GROVE |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 2 Apr 2016. Using an estimated price of £218,723 means this house is valued at £2,103 per sq meter (£195 per sq foot).
The average size of a house on OTHELLO ROAD is 40 sq meters (431 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Theft from the person | Unable to prosecute suspect | On or near Othello Road |
| Jun 2024 | Other theft | Unable to prosecute suspect | On or near Othello Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Othello Road |
| Jul 2024 | Other theft | Under investigation | On or near Montano Drive |
| Jun 2024 | Burglary | Unable to prosecute suspect | On or near Montano Drive |