£70,969
This estimated value is based upon the latest sale price for the house of £12,500 on 5 Feb 1996. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There have been three burglaries within the last year on or near Woden Road
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| Price Paid | Date |
|---|---|
| £12,500 | 5 Feb 1996 |
| £30,000 | 13 Apr 1995 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 904 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 February 1996 the House Price Index for WEST MIDLANDS was 26.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 467.755%.Applying this 467.755% change to the original purchase price of £12,500 results in an estimated price of approximately £70,969.
| 5 Feb 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.4 | 149.7 | 467.755 % | £12,500 | £58,469 | £70,969 |
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 | 294.924 % | £36,865 | £49,365 |
| 3 Month Average | 368.266 % | £46,033 | £58,533 |
| 6 Month Average | 395.352 % | £49,419 | £61,919 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £132,028 | £130,000 | 78 WODEN ROAD |
| 20 Dec 2023 | £247,609 | £240,000 | 7 JEREMIAH ROAD |
| 30 Aug 2023 | £126,278 | £124,000 | 12 WODEN ROAD |
| 31 Mar 2023 | £142,378 | £140,000 | 51 WODEN ROAD |
| 24 Feb 2023 | £107,518 | £106,800 | 30 WODEN ROAD |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 24 Nov 2013. Using an estimated price of £70,969 means this house is valued at £844 per sq meter (£78 per sq foot).
The average size of a house on WODEN ROAD is 86 sq meters (930 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Woden Road |
| Jun 2024 | Burglary | Under investigation | On or near Woden Road |
| Jun 2024 | Burglary | Awaiting court outcome | On or near Woden Road |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Woden Road |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Woden Road |