£206,929
This estimated value is based upon the latest sale price for the house of £96,950 on 9 Feb 2004. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £96,950 | 9 Feb 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 88 sq meters or 955 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 2004 the House Price Index for WEST MIDLANDS was 70.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 113.439%.Applying this 113.439% change to the original purchase price of £96,950 results in an estimated price of approximately £206,929.
| 9 Feb 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 70.1 | 149.7 | 113.439 % | £96,950 | £109,979 | £206,929 |
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 | 130.987 % | £126,992 | £223,942 |
| 3 Month Average | 81.640 % | £79,149 | £176,099 |
| 6 Month Average | 100.568 % | £97,500 | £194,450 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £232,500 | £232,500 | 283 LICHFIELD ROAD |
| 10 Oct 2023 | £154,253 | £150,750 | 40 STRETTON ROAD |
| 22 Sep 2023 | £209,621 | £205,000 | 3 GRIFFITHS ROAD |
| 18 Aug 2023 | £178,214 | £175,000 | 271 LICHFIELD ROAD |
| 21 Jun 2023 | £236,744 | £232,000 | 8 MOORE ROAD |
This house has a floor area of 88 sq meters or 955 sq feet when measured on 6 Dec 2011. Using an estimated price of £206,930 means this house is valued at £2,330 per sq meter (£216 per sq foot).
The average size of a house on JONES ROAD is 103 sq meters (1,119 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Drugs | Local resolution | On or near Jones Road |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Jones Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Griffiths Road |
| Jul 2024 | Public order | Under investigation | On or near Griffiths Road |
| Jun 2024 | Anti-social behaviour | On or near Griffiths Road |