£182,652
This estimated value is based upon the latest sale price for the house of £123,000 on 23 Mar 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £123,000 | 23 Mar 2015 |
| £113,950 | 26 Sep 2002 |
| Terraced |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 March 2015 the House Price Index for WEST MIDLANDS was 100.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.498%.Applying this 48.498% change to the original purchase price of £123,000 results in an estimated price of approximately £182,652.
| 23 Mar 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.8 | 149.7 | 48.498 % | £123,000 | £59,652 | £182,652 |
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 | 255.866 % | £314,715 | £437,715 |
| 3 Month Average | 93.496 % | £115,000 | £238,000 |
| 6 Month Average | 82.061 % | £100,935 | £223,935 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £69,022 | £67,500 | 81A ESSINGTON WAY |
| 17 Feb 2023 | £156,042 | £155,000 | 310 WILLENHALL ROAD |
| 30 Nov 2022 | £186,130 | £187,000 | 1 ABINGDON ROAD |
| 15 Aug 2022 | £133,122 | £132,500 | 55 ESSINGTON WAY |
| 27 Jun 2022 | £105,250 | £103,000 | 127 HURSTBOURNE CRESCENT |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 29 Dec 2014. Using an estimated price of £182,652 means this house is valued at £1,863 per sq meter (£173 per sq foot).
The average size of a house on WILLENHALL ROAD is 77 sq meters (837 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Essington Way |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Essington Way |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Abingdon Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Abingdon Road |
| May 2024 | Burglary | Investigation complete; no suspect identified | On or near Abingdon Road |