£233,061
This estimated value is based upon the latest sale price for the house of £189,950 on 27 Sep 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £189,950 | 27 Sep 2019 |
| £6,900,000 | 16 Nov 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 91 sq meters or 979 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 September 2019 the House Price Index for WEST MIDLANDS was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.696%.Applying this 22.696% change to the original purchase price of £189,950 results in an estimated price of approximately £233,061.
| 27 Sep 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.696 % | £189,950 | £43,111 | £233,061 |
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 | 31.305 % | £59,462 | £249,412 |
| 3 Month Average | 19.769 % | £37,551 | £227,501 |
| 6 Month Average | 23.108 % | £43,893 | £233,843 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £325,699 | £320,000 | 12 SNETTERTON GARDENS |
| 6 Jan 2023 | £281,175 | £282,500 | 2 CADWELL CRESCENT |
| 21 Oct 2022 | £273,060 | £276,000 | 50 MERCURY DRIVE |
| 9 Sep 2022 | £223,198 | £225,000 | 14 SNETTERTON GARDENS |
| 19 Aug 2022 | £319,141 | £320,000 | 3 CADWELL CRESCENT |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 16 Aug 2019. Using an estimated price of £233,062 means this house is valued at £2,561 per sq meter (£237 per sq foot).
The average size of a house on MERCURY DRIVE is 79 sq meters (854 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cadwell Crescent |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cadwell Crescent |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cadwell Crescent |
| Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |