£185,406
This estimated value is based upon the latest sale price for the house of £150,000 on 5 Sep 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£150,000 | 5 Sep 2019 |
Semi-Detached |
Freehold |
Floor Area: 63 sq meters or 678 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 September 2019 the House Price Index for WEST MIDLANDS was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.605%.Applying this 23.605% change to the original purchase price of £150,000 results in an estimated price of approximately £185,406.
5 Sep 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.1 | 149.7 | 23.605 % | £150,000 | £35,406 | £185,406 |
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 | 62.507 % | £93,759 | £243,759 |
3 Month Average | 29.972 % | £44,958 | £194,958 |
6 Month Average | 33.997 % | £50,995 | £200,995 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Mar 2023 | £152,548 | £150,000 | 18 HALL PARK STREET |
3 Feb 2022 | £181,711 | £172,000 | 242 WELLINGTON ROAD |
26 Nov 2021 | £108,952 | £100,000 | 222 WELLINGTON ROAD |
14 Oct 2021 | £119,270 | £107,000 | 35 HALL PARK STREET |
14 Sep 2021 | £119,413 | £110,000 | 224 WELLINGTON ROAD |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 13 Dec 2019. Using an estimated price of £185,407 means this house is valued at £2,942 per sq meter (£273 per sq foot).
There is one other house on the street which we know the size of, this is 52 HALL PARK STREET it is 63.0
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Herbert Street |
Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Wapentake Gardens |
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wapentake Gardens |
Jun 2024 | Other crime | Unable to prosecute suspect | On or near Wapentake Gardens |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wapentake Gardens |