£108,847
This estimated value is based upon the latest sale price for the house of £81,500 on 13 Jun 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £81,500 | 13 Jun 2016 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 2016 the House Price Index for WEST MIDLANDS was 111.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.555%.Applying this 33.555% change to the original purchase price of £81,500 results in an estimated price of approximately £108,847.
| 13 Jun 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 148.6 | 33.555 % | £81,500 | £27,347 | £108,847 |
The Postcode Pricing Model uses changes in average sales price within the WV1 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 | 4.589 % | £3,739 | £85,239 |
| 3 Month Average | 53.242 % | £43,391 | £124,891 |
| 6 Month Average | 45.012 % | £36,684 | £118,184 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £164,500 | £164,500 | 104 OLD HEATH ROAD |
| 20 Dec 2023 | £127,226 | £125,000 | MIRIDENE INKERMAN GROVE |
| 20 Dec 2023 | £226,462 | £222,500 | 46 EASTFIELD GROVE |
| 6 Dec 2023 | £118,066 | £116,000 | BELMONT INKERMAN GROVE |
| 6 Nov 2023 | £101,503 | £100,000 | 14 INKERMAN STREET |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 3 Mar 2016. Using an estimated price of £108,847 means this house is valued at £1,451 per sq meter (£134 per sq foot).
The average size of a house on COLLIERY ROAD is 87 sq meters (945 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Colliery Road |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Colliery Road |
| Jan 2024 | Other crime | Unable to prosecute suspect | On or near Colliery Road |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Eastfield Grove |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Eastfield Grove |