£105,387
This estimated value is based upon the latest sale price for the house of £61,000 on 9 Nov 2010. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £61,000 | 9 Nov 2010 |
| Semi-Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,010 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 2010 the House Price Index for WEST MIDLANDS was 86.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.767%.Applying this 72.767% change to the original purchase price of £61,000 results in an estimated price of approximately £105,387.
| 9 Nov 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 149.7 | 72.767 % | £61,000 | £44,387 | £105,387 |
The Postcode Pricing Model uses changes in average sales price within the WV14 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 | 98.393 % | £60,019 | £121,019 |
| 3 Month Average | 75.118 % | £45,822 | £106,822 |
| 6 Month Average | 73.483 % | £44,824 | £105,824 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Feb 2023 | £118,290 | £117,500 | 8 JEAVONS PLACE |
| 6 Jan 2023 | £130,348 | £130,000 | 47 MILL STREET |
| 23 Jun 2022 | £135,394 | £132,500 | 8 CHEM ROAD |
| 17 Dec 2021 | £85,265 | £79,000 | 25 WESTON DRIVE |
| 29 Nov 2021 | £185,218 | £170,000 | 85 MILLFIELDS ROAD |
This house has a floor area of 93 sq meters or 1,010 sq feet when measured on 9 Sep 2010. Using an estimated price of £105,388 means this house is valued at £1,122 per sq meter (£104 per sq foot).
The average size of a house on MILLFIELDS ROAD is 95 sq meters (1,029 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Chillington Place |
| Jul 2024 | Vehicle crime | Under investigation | On or near Gordon Place |
| May 2024 | Violence and sexual offences | Under investigation | On or near Gordon Place |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gordon Place |
| May 2024 | Criminal damage and arson | Under investigation | On or near Gordon Place |