£128,876
This estimated value is based upon the latest sale price for the house of £74,000 on 13 Oct 2011. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £74,000 | 13 Oct 2011 |
| Terraced |
| Freehold |
| Floor Area: 89 sq meters or 961 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 October 2011 the House Price Index for WEST MIDLANDS was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.158%.Applying this 74.158% change to the original purchase price of £74,000 results in an estimated price of approximately £128,876.
| 13 Oct 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 74.158 % | £74,000 | £54,876 | £128,876 |
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 | 57.734 % | £42,722 | £116,722 |
| 3 Month Average | 94.252 % | £69,746 | £143,746 |
| 6 Month Average | 85.321 % | £63,137 | £137,137 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £259,995 | £256,000 | 37 THORNEYCROFT LANE |
| 6 Feb 2023 | £164,096 | £163,000 | 3 MILTON ROAD |
| 8 Jul 2022 | £145,457 | £144,000 | 31 THORNEYCROFT LANE |
| 6 Apr 2022 | £158,726 | £153,000 | 9 MILTON ROAD |
| 4 Apr 2022 | £142,127 | £137,000 | 103 MILTON ROAD |
This house has a floor area of 89 sq meters or 961 sq feet when measured on 19 Nov 2010. Using an estimated price of £128,877 means this house is valued at £1,442 per sq meter (£134 per sq foot).
The average size of a house on MILTON ROAD is 88 sq meters (953 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Milton Road |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Milton Road |
| Jun 2024 | Vehicle crime | Under investigation | On or near Milton Road |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Milton Road |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Thorneycroft Lane |