£515,338
This estimated value is based upon the latest sale price for the house of £290,000 on 24 Feb 2006. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£290,000 | 24 Feb 2006 |
Detached |
Freehold |
Floor Area: 191 sq meters or 2,055 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 February 2006 the House Price Index for WEST MIDLANDS was 83.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 77.703%.Applying this 77.703% change to the original purchase price of £290,000 results in an estimated price of approximately £515,338.
24 Feb 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
83.6 | 148.6 | 77.703 % | £290,000 | £225,338 | £515,338 |
The Postcode Pricing Model uses changes in average sales price within the WV3 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 | -48.687 % | £-141,190 | £148,809 |
3 Month Average | 33.615 % | £97,482 | £387,482 |
6 Month Average | 28.204 % | £81,791 | £371,791 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Mar 2024 | £185,000 | £185,000 | 48 TELFORD GARDENS |
21 Sep 2023 | £187,396 | £185,000 | 11 TELFORD GARDENS |
14 Jun 2023 | £349,230 | £345,000 | 1 WOOTTON ROAD |
23 Feb 2023 | £324,731 | £324,950 | 33 WOOTTON ROAD |
16 Feb 2023 | £310,291 | £310,500 | 80 WOODLAND ROAD |
This house has a floor area of 191 sq meters or 2,055 sq feet when measured on 7 Apr 2012. Using an estimated price of £515,338 means this house is valued at £2,698 per sq meter (£250 per sq foot).
The average size of a house on WOODLAND ROAD is 109 sq meters (1,180 sq feet).
This house is the largest in the street with a floor area of 191 sq meters (2,055 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Woodland Road |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Woodland Road |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Woodland Road |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Telford Gardens |
Mar 2024 | Public order | Unable to prosecute suspect | On or near Telford Gardens |