£109,027
This estimated value is based upon the latest sale price for the house of £70,000 on 9 May 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£70,000 | 9 May 2014 |
£72,000 | 14 Oct 2005 |
Semi-Detached |
Freehold |
Floor Area: 64 sq meters or 688 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 2014 the House Price Index for WEST MIDLANDS was 96.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 55.753%.Applying this 55.753% change to the original purchase price of £70,000 results in an estimated price of approximately £109,027.
9 May 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
96.1 | 149.7 | 55.753 % | £70,000 | £39,027 | £109,027 |
The Postcode Pricing Model uses changes in average sales price within the WV1 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 | 151.108 % | £105,775 | £175,775 |
3 Month Average | 72.664 % | £50,864 | £120,864 |
6 Month Average | 72.122 % | £50,485 | £120,485 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Feb 2023 | £151,009 | £150,000 | 36 ASHBOURNE ROAD |
18 Aug 2022 | £131,615 | £131,000 | 49 ASHBOURNE ROAD |
10 Jun 2022 | £178,823 | £175,000 | 25 HILLSIDE GARDENS |
23 Mar 2022 | £130,492 | £125,000 | 18 ASHBOURNE ROAD |
9 Mar 2022 | £135,711 | £130,000 | 187 WOLVERHAMPTON ROAD |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 9 Aug 2014. Using an estimated price of £109,027 means this house is valued at £1,703 per sq meter (£158 per sq foot).
The average size of a house on ASHBOURNE ROAD is 91 sq meters (981 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Ashbourne Road | |
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ashbourne Road |
May 2024 | Robbery | Awaiting court outcome | On or near Ashbourne Road |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ashbourne Road |
May 2024 | Violence and sexual offences | Awaiting court outcome | On or near Ashbourne Road |