£320,663
This estimated value is based upon the latest sale price for the house of £187,000 on 12 Jul 2012. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £187,000 | 12 Jul 2012 |
| Detached |
| Freehold |
| Floor Area: 130 sq meters or 1,400 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 July 2012 the House Price Index for WEST MIDLANDS was 87.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.478%.Applying this 71.478% change to the original purchase price of £187,000 results in an estimated price of approximately £320,663.
| 12 Jul 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 149.7 | 71.478 % | £187,000 | £133,663 | £320,663 |
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 | 81.931 % | £153,211 | £340,211 |
| 3 Month Average | 74.847 % | £139,963 | £326,963 |
| 6 Month Average | 72.503 % | £135,580 | £322,580 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £191,614 | £189,950 | 49 WARD STREET |
| 1 Dec 2023 | £166,104 | £161,000 | 26 MOUNT PLEASANT STREET |
| 26 Sep 2023 | £268,928 | £263,000 | 21 PROVIDENCE ROW |
| 14 Mar 2023 | £228,821 | £225,000 | 30 DENISE DRIVE |
| 2 Mar 2023 | £147,463 | £145,000 | 3 MOUNT PLEASANT STREET |
This house has a floor area of 130 sq meters or 1,400 sq feet when measured on 8 Sep 2010. Using an estimated price of £320,664 means this house is valued at £2,464 per sq meter (£228 per sq foot).
The average size of a house on DENISE DRIVE is 94 sq meters (1,019 sq feet).
This house is the largest in the street with a floor area of 130 sq meters (1,400 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Providence Row |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Providence Row |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Providence Row |
| Jul 2024 | Vehicle crime | Under investigation | On or near Hampton Street |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hospital Lane |