£220,593
This estimated value is based upon the latest sale price for the house of £220,000 on 15 Jul 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £220,000 | 15 Jul 2022 |
| £135,000 | 22 Jul 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 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 July 2022 the House Price Index for WEST MIDLANDS was 148.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.270%.Applying this 0.270% change to the original purchase price of £220,000 results in an estimated price of approximately £220,593.
| 15 Jul 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 148.6 | 0.270 % | £220,000 | £593 | £220,593 |
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 | -25.621 % | £-56,366 | £163,633 |
| 3 Month Average | -7.724 % | £-16,992 | £203,007 |
| 6 Month Average | -0.029 % | £-64 | £219,935 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £268,982 | £265,000 | 543 CANNOCK ROAD |
| 13 Jan 2023 | £248,828 | £250,000 | 569 CANNOCK ROAD |
| 15 Jul 2022 | £220,594 | £220,000 | 571 CANNOCK ROAD |
| 24 Jun 2022 | £1,080,266 | £1,065,000 | 4 RAYNOR PARADE RAYNOR ROAD |
| 20 May 2022 | £241,042 | £236,500 | 195 BUSHBURY ROAD |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 12 Oct 2021. Using an estimated price of £220,594 means this house is valued at £2,451 per sq meter (£227 per sq foot).
The average size of a house on CANNOCK ROAD is 90 sq meters (979 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Mandale Road | |
| Apr 2024 | Anti-social behaviour | On or near Mandale Road | |
| Apr 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Mandale Road |
| Apr 2024 | Anti-social behaviour | On or near Mandale Road | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Mandale Road |