£156,940
This estimated value is based upon the latest sale price for the house of £85,000 on 2 Feb 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 | 2 Feb 2009 |
| £49,950 | 12 Sep 2003 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 840 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 2009 the House Price Index for WEST MIDLANDS was 80.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 84.636%.Applying this 84.636% change to the original purchase price of £85,000 results in an estimated price of approximately £156,940.
| 2 Feb 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.5 | 148.6 | 84.636 % | £85,000 | £71,940 | £156,940 |
The Postcode Pricing Model uses changes in average sales price within the WV12 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 | 48.451 % | £41,183 | £126,183 |
| 3 Month Average | 61.165 % | £51,989 | £136,989 |
| 6 Month Average | 46.727 % | £39,717 | £124,717 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Nov 2023 | £184,735 | £182,000 | 13 STRETTON ROAD |
| 29 Sep 2023 | £293,756 | £290,000 | 116 SNEYD LANE |
| 22 Sep 2023 | £207,655 | £205,000 | 3 GRIFFITHS ROAD |
| 8 Sep 2023 | £125,606 | £124,000 | 1 ASTORIA GARDENS |
| 14 Aug 2023 | £277,427 | £275,000 | 128 SNEYD LANE |
This house has a floor area of 78 sq meters or 840 sq feet when measured on 5 Dec 2008. Using an estimated price of £156,941 means this house is valued at £2,008 per sq meter (£186 per sq foot).
There is one other house on the street which we know the size of, this is 6 WYCHBOLD WAY it is 97.92
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Wychbold Close | |
| Apr 2024 | Anti-social behaviour | On or near Wychbold Close | |
| Mar 2024 | Anti-social behaviour | On or near Wychbold Close | |
| Mar 2024 | Anti-social behaviour | On or near Wychbold Close | |
| Apr 2024 | Anti-social behaviour | On or near Bloomfield Drive |