£321,528
This estimated value is based upon the latest sale price for the house of £190,000 on 16 Nov 2012. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £190,000 | 16 Nov 2012 |
| £71,000 | 14 Jan 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 115 sq meters or 1,237 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 November 2012 the House Price Index for WEST MIDLANDS was 87.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.226%.Applying this 69.226% change to the original purchase price of £190,000 results in an estimated price of approximately £321,528.
| 16 Nov 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.8 | 148.6 | 69.226 % | £190,000 | £131,528 | £321,528 |
The Postcode Pricing Model uses changes in average sales price within the WV4 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 | 37.598 % | £71,436 | £261,436 |
| 3 Month Average | 36.529 % | £69,404 | £259,404 |
| 6 Month Average | 44.093 % | £83,776 | £273,776 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £289,283 | £285,000 | 24 MANOR ROAD |
| 15 Sep 2023 | £281,601 | £278,000 | 118 MOUNT ROAD |
| 14 Jul 2023 | £420,662 | £415,000 | 178 MOUNT ROAD |
| 7 Jun 2023 | £164,493 | £162,500 | 86 MOUNT ROAD |
| 2 Jun 2023 | £298,617 | £295,000 | 4 RYLANDS DRIVE |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 17 Apr 2012. Using an estimated price of £321,529 means this house is valued at £2,795 per sq meter (£259 per sq foot).
The average size of a house on ORCHARD GROVE is 143 sq meters (1,545 sq feet).
This house is the largest in the street with a floor area of 115 sq meters (1,237 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Hinstock Close | |
| Feb 2024 | Anti-social behaviour | On or near Hinstock Close | |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Camberley Drive |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mount Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mount Road |