£187,304
This estimated value is based upon the latest sale price for the house of £78,500 on 23 May 2003. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £78,500 | 23 May 2003 |
| £37,500 | 12 Jun 1998 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 925 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 May 2003 the House Price Index for WEST MIDLANDS was 62.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 138.605%.Applying this 138.605% change to the original purchase price of £78,500 results in an estimated price of approximately £187,304.
| 23 May 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 62.7 | 149.7 | 138.605 % | £78,500 | £108,804 | £187,304 |
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 | 172.043 % | £135,053 | £213,553 |
| 3 Month Average | 121.437 % | £95,327 | £173,827 |
| 6 Month Average | 115.805 % | £90,906 | £169,406 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 May 2024 | £126,400 | £126,400 | 8 MOXHULL CLOSE |
| 25 Nov 2022 | £167,218 | £168,000 | 1 MOXHULL CLOSE |
| 12 Aug 2022 | £150,654 | £149,950 | 5 DORCHESTER ROAD |
| 8 Apr 2022 | £150,426 | £145,000 | 17 DORCHESTER ROAD |
| 18 Mar 2022 | £173,293 | £166,000 | 77 ESSINGTON ROAD |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 3 Feb 2017. Using an estimated price of £187,305 means this house is valued at £2,177 per sq meter (£202 per sq foot).
The average size of a house on DORCHESTER ROAD is 100 sq meters (1,079 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dorchester Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dorchester Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Dorchester Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Dorchester Close |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Dorchester Close |