£207,043
This estimated value is based upon the latest sale price for the house of £122,071 on 15 Jun 2012. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£122,071 | 15 Jun 2012 |
£66,000 | 25 Jul 2003 |
£40,000 | 28 Sep 2001 |
Semi-Detached |
Freehold |
Floor Area: 82 sq meters or 889 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 June 2012 the House Price Index for WEST MIDLANDS was 87.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.609%.Applying this 69.609% change to the original purchase price of £122,071 results in an estimated price of approximately £207,043.
15 Jun 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.6 | 148.6 | 69.609 % | £122,071 | £84,972 | £207,043 |
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 | 16.673 % | £20,353 | £142,424 |
3 Month Average | 47.350 % | £57,800 | £179,871 |
6 Month Average | 71.790 % | £87,634 | £209,705 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Dec 2023 | £371,500 | £365,000 | 39 VICARAGE ROAD |
14 Sep 2023 | £225,888 | £223,000 | 34 WODEN AVENUE |
5 Jul 2023 | £197,660 | £195,000 | 63 WODEN AVENUE |
16 Jan 2023 | £204,039 | £205,000 | 28 FREDERICK ROAD |
17 Jun 2022 | £172,437 | £170,000 | 20 WODEN AVENUE |
This house has a floor area of 82 sq meters or 889 sq feet when measured on 24 Jan 2012. Using an estimated price of £207,044 means this house is valued at £2,506 per sq meter (£232 per sq foot).
The average size of a house on WODEN AVENUE is 84 sq meters (912 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Under investigation | On or near West Avenue |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Nordley Road |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near School Road |
Jan 2024 | Drugs | Investigation complete; no suspect identified | On or near School Road |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near School Road |