£92,230
This estimated value is based upon the latest sale price for the house of £70,000 on 18 Nov 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £70,000 | 18 Nov 2016 |
| £105,000 | 30 Sep 2005 |
| £96,950 | 27 Jun 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 61 sq meters or 662 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 November 2016 the House Price Index for WEST MIDLANDS was 112.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.758%.Applying this 31.758% change to the original purchase price of £70,000 results in an estimated price of approximately £92,230.
| 18 Nov 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 148.6 | 31.758 % | £70,000 | £22,230 | £92,230 |
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 | -6.704 % | £-4,692 | £65,307 |
| 3 Month Average | -1.988 % | £-1,391 | £68,608 |
| 6 Month Average | 14.232 % | £9,962 | £79,962 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £120,541 | £119,000 | 355A WILLENHALL ROAD |
| 22 Sep 2023 | £96,230 | £95,000 | 357B WILLENHALL ROAD |
| 28 Feb 2023 | £279,812 | £280,000 | 369 WILLENHALL ROAD |
| 22 Nov 2022 | £167,965 | £170,000 | 18 CAVENDISH GARDENS |
| 4 Oct 2022 | £74,201 | £75,000 | 130 ESSINGTON WAY |
This house has a floor area of 61 sq meters or 662 sq feet when measured on 17 Aug 2011. Using an estimated price of £92,230 means this house is valued at £1,498 per sq meter (£139 per sq foot).
The average size of a house on WILLENHALL ROAD is 77 sq meters (837 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Tyburn Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tyburn Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tyburn Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tyburn Road |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Tyburn Road |