£157,342
This estimated value is based upon the latest sale price for the house of £140,000 on 2 Aug 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £140,000 | 2 Aug 2021 |
| Semi-Detached |
| Freehold |
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 August 2021 the House Price Index for WEST MIDLANDS was 133.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 12.387%.Applying this 12.387% change to the original purchase price of £140,000 results in an estimated price of approximately £157,342.
| 2 Aug 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 149.7 | 12.387 % | £140,000 | £17,342 | £157,342 |
The Postcode Pricing Model uses changes in average sales price within the WV14 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 | 14.662 % | £20,526 | £160,526 |
| 3 Month Average | 6.266 % | £8,772 | £148,772 |
| 6 Month Average | 6.764 % | £9,469 | £149,469 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £153,982 | £149,250 | 6 BAILEY ROAD |
| 17 Nov 2023 | £205,209 | £200,000 | STOWLAWN METHODIST CHURCH GREEN PARK AVENUE |
| 8 Aug 2023 | £152,755 | £150,000 | 24 WOLSELEY ROAD |
| 11 Nov 2022 | £209,023 | £210,000 | 35 HADLEY ROAD |
| 29 Jul 2022 | £229,298 | £227,000 | 7 WOLSELEY ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Lambeth Road | |
| Apr 2024 | Anti-social behaviour | On or near Lambeth Road | |
| Apr 2024 | Anti-social behaviour | On or near Lambeth Road | |
| Apr 2024 | Anti-social behaviour | On or near Lambeth Road | |
| Jul 2024 | Vehicle crime | Unable to prosecute suspect | On or near Wolseley Road |