£178,719
This estimated value is based upon the latest sale price for the house of £145,000 on 24 Feb 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £145,000 | 24 Feb 2020 |
| £111,000 | 26 Oct 2012 |
| £117,000 | 8 Dec 2006 |
| Terraced |
| Freehold |
| Floor Area: 96 sq meters or 1,041 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 February 2020 the House Price Index for WEST MIDLANDS was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £145,000 results in an estimated price of approximately £178,719.
| 24 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.255 % | £145,000 | £33,719 | £178,719 |
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 | -29.251 % | £-42,413 | £102,586 |
| 3 Month Average | 9.957 % | £14,437 | £159,437 |
| 6 Month Average | 14.488 % | £21,007 | £166,007 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £277,032 | £270,000 | 342 WOOD END ROAD |
| 27 Oct 2023 | £286,507 | £280,000 | 479 WOOD END ROAD |
| 25 Aug 2023 | £173,122 | £170,000 | 8 WHEELER ROAD |
| 16 Aug 2023 | £183,306 | £180,000 | 122 BEALEYS AVENUE |
| 23 Jun 2023 | £214,294 | £210,000 | 407 WOOD END ROAD |
This house has a floor area of 96 sq meters or 1,041 sq feet when measured on 15 Sep 2010. Using an estimated price of £178,719 means this house is valued at £1,847 per sq meter (£171 per sq foot).
The average size of a house on BEALEYS AVENUE is 74 sq meters (798 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Guest Avenue |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Guest Avenue |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Guest Avenue |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Guest Avenue |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Guest Avenue |