£278,303
This estimated value is based upon the latest sale price for the house of £225,000 on 24 Aug 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £225,000 | 24 Aug 2018 |
| £115,000 | 19 Aug 2009 |
| Detached |
| Freehold |
| Floor Area: 77 sq meters or 829 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 August 2018 the House Price Index for WEST MIDLANDS was 120.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.690%.Applying this 23.690% change to the original purchase price of £225,000 results in an estimated price of approximately £278,303.
| 24 Aug 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 148.6 | 23.690 % | £225,000 | £53,303 | £278,303 |
The Postcode Pricing Model uses changes in average sales price within the WS2 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 | 68.657 % | £154,477 | £379,477 |
| 3 Month Average | 37.182 % | £83,660 | £308,660 |
| 6 Month Average | 27.391 % | £61,630 | £286,630 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £112,468 | £110,500 | 6 YORK AVENUE |
| 14 Jul 2023 | £164,514 | £162,300 | 29 YORK AVENUE |
| 26 Jun 2023 | £232,820 | £230,000 | 297 WOLVERHAMPTON ROAD |
| 26 Jul 2022 | £150,405 | £150,000 | 17 LANESIDE GARDENS |
| 25 Mar 2022 | £175,128 | £169,000 | 32 PRIMLEY AVENUE |
This house has a floor area of 77 sq meters or 829 sq feet when measured on 22 Oct 2008. Using an estimated price of £278,303 means this house is valued at £3,609 per sq meter (£335 per sq foot).
The average size of a house on WOLVERHAMPTON ROAD is 94 sq meters (1,015 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near York Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Petrol Station |
| Mar 2024 | Other theft | Under investigation | On or near Laneside Gardens |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Laneside Gardens |