£199,310
This estimated value is based upon the latest sale price for the house of £165,000 on 17 Aug 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £165,000 | 17 Aug 2020 |
| £124,999 | 7 May 2010 |
| £49,950 | 4 Apr 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 79 sq meters or 850 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 August 2020 the House Price Index for WEST MIDLANDS was 123.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 20.794%.Applying this 20.794% change to the original purchase price of £165,000 results in an estimated price of approximately £199,310.
| 17 Aug 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 149.7 | 20.794 % | £165,000 | £34,310 | £199,310 |
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 | 61.621 % | £101,673 | £266,673 |
| 3 Month Average | 24.250 % | £40,012 | £205,012 |
| 6 Month Average | 16.156 % | £26,658 | £191,658 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £139,000 | £139,000 | 151 STROUD AVENUE |
| 18 Dec 2023 | £211,499 | £205,000 | 6 HAZELWOOD GROVE |
| 5 Dec 2023 | £206,340 | £200,000 | 159 STROUD AVENUE |
| 11 Aug 2023 | £259,684 | £255,000 | 23 LONGWOOD RISE |
| 26 Jun 2023 | £188,783 | £185,000 | 13 HARVESTERS ROAD |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 14 Mar 2020. Using an estimated price of £199,310 means this house is valued at £2,522 per sq meter (£234 per sq foot).
The average size of a house on LONGWOOD RISE is 81 sq meters (875 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hillcrest Gardens |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hillcrest Gardens |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Redpine Crest |
| Jun 2024 | Anti-social behaviour | On or near Birchtree Hollow | |
| Jun 2024 | Anti-social behaviour | On or near Birchtree Hollow |