£156,401
This estimated value is based upon the latest sale price for the house of £85,000 on 19 Jun 2009. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £85,000 | 19 Jun 2009 |
| Semi-Detached |
| Freehold |
| Floor Area: 89 sq meters or 960 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 June 2009 the House Price Index for WEST MIDLANDS was 80.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 84.002%.Applying this 84.002% change to the original purchase price of £85,000 results in an estimated price of approximately £156,401.
| 19 Jun 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.8 | 148.6 | 84.002 % | £85,000 | £71,401 | £156,401 |
The Postcode Pricing Model uses changes in average sales price within the WS10 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 | 139.119 % | £118,251 | £203,251 |
| 3 Month Average | 41.730 % | £35,470 | £120,470 |
| 6 Month Average | 76.482 % | £65,010 | £150,010 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Mar 2023 | £150,013 | £148,600 | 77 ADDISON ROAD |
| 15 Mar 2023 | £185,750 | £184,000 | 315 FRIAR PARK ROAD |
| 27 Jun 2022 | £226,197 | £223,000 | 17 BURGHLEY DRIVE |
| 28 Jan 2022 | £273,626 | £260,000 | 25 ROBERTS ROAD |
| 21 Jan 2022 | £184,171 | £175,000 | 202 WALSALL ROAD |
This house has a floor area of 89 sq meters or 960 sq feet when measured on 6 Apr 2009. Using an estimated price of £156,402 means this house is valued at £1,753 per sq meter (£162 per sq foot).
The average size of a house on ADDISON ROAD is 102 sq meters (1,101 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Addison Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Addison Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Addison Road |
| Jan 2024 | Anti-social behaviour | On or near Addison Road | |
| Jan 2024 | Anti-social behaviour | On or near Addison Road |