£83,117
This estimated value is based upon the latest sale price for the house of £54,000 on 4 Jul 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £54,000 | 4 Jul 2014 |
| £55,000 | 9 May 2014 |
| £74,000 | 12 Nov 2010 |
| £41,000 | 19 Dec 2001 |
| Terraced |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 July 2014 the House Price Index for WEST MIDLANDS was 97.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 53.921%.Applying this 53.921% change to the original purchase price of £54,000 results in an estimated price of approximately £83,117.
| 4 Jul 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 149.7 | 53.921 % | £54,000 | £29,117 | £83,117 |
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 | 34.930 % | £18,862 | £72,862 |
| 3 Month Average | 62.435 % | £33,715 | £87,715 |
| 6 Month Average | 64.370 % | £34,759 | £88,759 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £326,282 | £318,000 | 95 GOODWOOD DRIVE |
| 24 Mar 2023 | £823,757 | £810,000 | UNIT 6-7 SHOWELL ROAD |
| 29 Apr 2022 | £228,233 | £220,000 | 4 COMET DRIVE |
| 18 Dec 2020 | £231,184 | £199,950 | 21 OULTON DRIVE |
| 18 Dec 2020 | £231,184 | £199,950 | 23 OULTON DRIVE |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 26 Apr 2021. Using an estimated price of £83,118 means this house is valued at £865 per sq meter (£80 per sq foot).
The average size of a house on BUSHBURY LANE is 85 sq meters (917 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Comet Drive |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Comet Drive |
| Jul 2024 | Anti-social behaviour | On or near Comet Drive | |
| Jul 2024 | Anti-social behaviour | On or near Comet Drive | |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Comet Drive |