£125,695
This estimated value is based upon the latest sale price for the house of £102,000 on 25 Oct 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £102,000 | 25 Oct 2018 |
| £135,000 | 1 Dec 2006 |
| £30,000 | 28 Aug 1998 |
| Terraced |
| Freehold |
| Floor Area: 69 sq meters or 742 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 October 2018 the House Price Index for WEST MIDLANDS was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.231%.Applying this 23.231% change to the original purchase price of £102,000 results in an estimated price of approximately £125,695.
| 25 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.231 % | £102,000 | £23,695 | £125,695 |
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 | 76.767 % | £78,302 | £180,302 |
| 3 Month Average | 31.730 % | £32,364 | £134,364 |
| 6 Month Average | 31.188 % | £31,811 | £133,811 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £143,119 | £141,000 | 36 FORDHOUSE ROAD |
| 21 Aug 2023 | £212,862 | £211,000 | 46 PURCELL ROAD |
| 5 Jul 2023 | £170,292 | £168,000 | 76 STANLEY ROAD |
| 3 Jul 2023 | £101,364 | £100,000 | 33 PURCELL ROAD |
| 1 Jun 2023 | £212,575 | £210,000 | 307 BUSHBURY LANE |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 10 Mar 2018. Using an estimated price of £125,696 means this house is valued at £1,821 per sq meter (£169 per sq foot).
The average size of a house on BUSHBURY LANE is 85 sq meters (917 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Whetstone Grove |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Whetstone Grove |
| Feb 2024 | Drugs | Under investigation | On or near Morrison Avenue |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Walker Avenue |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Walker Avenue |