£138,054
This estimated value is based upon the latest sale price for the house of £110,000 on 26 Jan 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £110,000 | 26 Jan 2018 |
| £79,950 | 16 Nov 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 72 sq meters or 775 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 January 2018 the House Price Index for WEST MIDLANDS was 118.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.504%.Applying this 25.504% change to the original purchase price of £110,000 results in an estimated price of approximately £138,054.
| 26 Jan 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 148.6 | 25.504 % | £110,000 | £28,054 | £138,054 |
The Postcode Pricing Model uses changes in average sales price within the WS10 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 | 131.404 % | £144,544 | £254,544 |
| 3 Month Average | 10.505 % | £11,555 | £121,555 |
| 6 Month Average | 38.066 % | £41,872 | £151,872 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2023 | £214,813 | £212,500 | 37 HALES ROAD |
| 31 Mar 2023 | £206,950 | £205,000 | 10 PARKDALE AVENUE |
| 13 Jan 2023 | £209,115 | £210,100 | 1B HANDLEY STREET |
| 30 Nov 2022 | £205,017 | £207,500 | 1A HANDLEY STREET |
| 10 Jun 2022 | £189,681 | £187,000 | 12 GOLDICROFT ROAD |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 11 Sep 2011. Using an estimated price of £138,054 means this house is valued at £1,917 per sq meter (£178 per sq foot).
The average size of a house on HOBS ROAD is 84 sq meters (908 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hobs Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hobs Road |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Hobs Road |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hobs Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hobs Road |