£180,439
This estimated value is based upon the latest sale price for the house of £145,000 on 22 Feb 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £145,000 | 22 Feb 2019 |
| £145,000 | 10 Nov 2006 |
| £44,500 | 3 Mar 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 69 sq meters or 742 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 2019 the House Price Index for WEST MIDLANDS was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.441%.Applying this 24.441% change to the original purchase price of £145,000 results in an estimated price of approximately £180,439.
| 22 Feb 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.441 % | £145,000 | £35,439 | £180,439 |
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 | -11.642 % | £-16,880 | £128,119 |
| 3 Month Average | 22.943 % | £33,267 | £178,267 |
| 6 Month Average | 23.452 % | £34,005 | £179,005 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £271,902 | £265,000 | 543 CANNOCK ROAD |
| 11 Nov 2022 | £218,976 | £220,000 | THE BUNGALOW VICTORIA ROAD |
| 15 Jul 2022 | £222,227 | £220,000 | 571 CANNOCK ROAD |
| 24 Jun 2022 | £1,088,263 | £1,065,000 | 4 RAYNOR PARADE RAYNOR ROAD |
| 20 May 2022 | £242,826 | £236,500 | 195 BUSHBURY ROAD |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 7 Aug 2018. Using an estimated price of £180,440 means this house is valued at £2,615 per sq meter (£242 per sq foot).
The average size of a house on CANNOCK ROAD is 90 sq meters (979 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Mandale Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mandale Road |
| May 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Mandale Road |
| May 2024 | Violence and sexual offences | Under investigation | On or near Mandale Road |
| May 2024 | Possession of weapons | Unable to prosecute suspect | On or near Mandale Road |