£115,490
This estimated value is based upon the latest sale price for the house of £86,000 on 31 May 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £86,000 | 31 May 2016 |
| £70,000 | 26 May 2009 |
| Semi-Detached |
| Freehold |
| Floor Area: 70 sq meters or 762 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 2016 the House Price Index for WEST MIDLANDS was 110.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 34.292%.Applying this 34.292% change to the original purchase price of £86,000 results in an estimated price of approximately £115,490.
| 31 May 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 148.6 | 34.292 % | £86,000 | £29,490 | £115,490 |
The Postcode Pricing Model uses changes in average sales price within the WV2 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 | -17.306 % | £-14,882 | £71,117 |
| 3 Month Average | 24.829 % | £21,353 | £107,353 |
| 6 Month Average | 38.484 % | £33,096 | £119,096 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Jun 2023 | £192,330 | £190,000 | 4 MILLS ROAD |
| 20 Mar 2023 | £140,827 | £139,500 | 33 BOWDLER ROAD |
| 23 Aug 2022 | £114,691 | £115,000 | 97 ALL SAINTS ROAD |
| 15 Jul 2022 | £119,321 | £119,000 | 74 ALL SAINTS ROAD |
| 17 Jun 2022 | £81,147 | £80,000 | 71 ALL SAINTS ROAD |
This house has a floor area of 70 sq meters or 762 sq feet when measured on 23 Jan 2009. Using an estimated price of £115,491 means this house is valued at £1,630 per sq meter (£151 per sq foot).
The average size of a house on BOWDLER ROAD is 76 sq meters (824 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mills Crescent |
| Feb 2024 | Drugs | Under investigation | On or near Mills Crescent |
| Feb 2024 | Public order | Under investigation | On or near Mills Crescent |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mills Crescent |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mills Crescent |