£105,912
This estimated value is based upon the latest sale price for the house of £68,000 on 1 May 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£68,000 | 1 May 2014 |
£61,400 | 20 Nov 2009 |
Terraced |
Freehold |
Floor Area: 70 sq meters or 753 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 May 2014 the House Price Index for WEST MIDLANDS was 96.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 55.753%.Applying this 55.753% change to the original purchase price of £68,000 results in an estimated price of approximately £105,912.
1 May 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
96.1 | 149.7 | 55.753 % | £68,000 | £37,912 | £105,912 |
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 | 24.255 % | £16,493 | £84,493 |
3 Month Average | 64.526 % | £43,877 | £111,877 |
6 Month Average | 62.904 % | £42,774 | £110,774 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Dec 2023 | £190,865 | £185,000 | 315 BUSHBURY LANE |
21 Aug 2023 | £214,875 | £211,000 | 46 PURCELL ROAD |
22 Jun 2023 | £140,822 | £138,000 | 106 SHERBORNE ROAD |
24 Apr 2023 | £142,668 | £140,000 | 39 STANLEY ROAD |
6 May 2022 | £184,815 | £180,000 | 111 PURCELL ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 2 Jan 2014. Using an estimated price of £105,912 means this house is valued at £1,513 per sq meter (£140 per sq foot).
The average size of a house on STANLEY ROAD is 78 sq meters (848 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Anti-social behaviour | On or near Bushbury Lane | |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bushbury Lane |
Jun 2024 | Anti-social behaviour | On or near Bushbury Lane | |
Jun 2024 | Other crime | Unable to prosecute suspect | On or near Bushbury Lane |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bushbury Lane |