£155,613
This estimated value is based upon the latest sale price for the house of £150,000 on 25 Apr 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £150,000 | 25 Apr 2022 |
| £107,000 | 8 Dec 2017 |
| Terraced |
| Freehold |
| Floor Area: 72 sq meters or 775 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 April 2022 the House Price Index for WEST MIDLANDS was 144.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.742%.Applying this 3.742% change to the original purchase price of £150,000 results in an estimated price of approximately £155,613.
| 25 Apr 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 149.7 | 3.742 % | £150,000 | £5,613 | £155,613 |
The Postcode Pricing Model uses changes in average sales price within the WV13 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 | -21.166 % | £-31,749 | £118,250 |
| 3 Month Average | -3.249 % | £-4,873 | £145,126 |
| 6 Month Average | 1.455 % | £2,183 | £152,183 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Mar 2024 | £164,020 | £161,500 | 23 NOOSE LANE |
| 17 Nov 2023 | £153,907 | £150,000 | 540 WILLENHALL ROAD |
| 30 Jun 2023 | £198,988 | £195,000 | 4 HILL ROAD |
| 14 Feb 2023 | £231,547 | £230,000 | 585 WILLENHALL ROAD |
| 21 Oct 2022 | £169,434 | £170,000 | 1 HILL ROAD |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 3 Aug 2017. Using an estimated price of £155,613 means this house is valued at £2,161 per sq meter (£200 per sq foot).
The average size of a house on BROOK ROAD is 87 sq meters (942 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Neachells Court |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Neachells Court |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Neachells Court |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Neachells Court |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Neachells Court |