£118,887
This estimated value is based upon the latest sale price for the house of £90,000 on 1 Dec 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£90,000 | 1 Dec 2016 |
Semi-Detached |
Freehold |
Floor Area: 75 sq meters or 807 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 December 2016 the House Price Index for WEST MIDLANDS was 113.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.097%.Applying this 32.097% change to the original purchase price of £90,000 results in an estimated price of approximately £118,887.
1 Dec 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
113.3 | 149.7 | 32.097 % | £90,000 | £28,887 | £118,887 |
The Postcode Pricing Model uses changes in average sales price within the WV11 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 | -35.613 % | £-32,051 | £57,948 |
3 Month Average | 17.441 % | £15,696 | £105,696 |
6 Month Average | 25.673 % | £23,105 | £113,105 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £192,896 | £188,000 | 107 ECCLESTONE ROAD |
8 Nov 2023 | £215,469 | £210,000 | 10 SOUTHALL ROAD |
24 Oct 2023 | £122,789 | £120,000 | 15 REYNOLDS WALK |
15 Sep 2023 | £80,781 | £79,000 | 33 GORSE ROAD |
28 Aug 2023 | £188,398 | £185,000 | 3 SOUTHALL ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 4 Mar 2016. Using an estimated price of £118,888 means this house is valued at £1,585 per sq meter (£147 per sq foot).
The average size of a house on REYNOLDS WALK is 95 sq meters (1,025 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Ecclestone Road |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Ecclestone Road |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Ecclestone Road |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Reynolds Walk |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Reynolds Walk |