£154,369
This estimated value is based upon the latest sale price for the house of £152,500 on 30 Jun 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £152,500 | 30 Jun 2023 |
| Semi-Detached |
| Freehold |
| Floor Area: 63 sq meters or 687 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 June 2023 the House Price Index for WEST MIDLANDS was 146.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.226%.Applying this 1.226% change to the original purchase price of £152,500 results in an estimated price of approximately £154,369.
| 30 Jun 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.8 | 148.6 | 1.226 % | £152,500 | £1,869 | £154,369 |
The Postcode Pricing Model uses changes in average sales price within the WV10 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 | -5.172 % | £-7,887 | £144,612 |
| 3 Month Average | -1.210 % | £-1,845 | £150,654 |
| 6 Month Average | -0.389 % | £-593 | £151,906 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £264,630 | £260,000 | 26 RAKEGATE CLOSE |
| 30 Jun 2023 | £154,370 | £152,500 | 4 SANDWELL ROAD |
| 7 Jun 2023 | £192,330 | £190,000 | 64 PROBERT ROAD |
| 6 Apr 2023 | £267,884 | £265,000 | 49 PROBERT ROAD |
| 24 Mar 2023 | £302,853 | £300,000 | 36 RAKEGATE CLOSE |
This house has a floor area of 63 sq meters or 687 sq feet when measured on 4 Apr 2011. Using an estimated price of £154,370 means this house is valued at £2,417 per sq meter (£224 per sq foot).
The average size of a house on SANDWELL ROAD is 93 sq meters (1,009 sq feet).
This house is the smallest in the street with a floor area of 63 sq meters (687 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sandwell Road |
| Feb 2024 | Public order | Under investigation | On or near Sandwell Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Sandwell Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Sandwell Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sandwell Road |