£137,230
This estimated value is based upon the latest sale price for the house of £80,000 on 12 Jan 2011. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £80,000 | 12 Jan 2011 |
| £27,000 | 1 Jul 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 71 sq meters or 765 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 2011 the House Price Index for WEST MIDLANDS was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.539%.Applying this 71.539% change to the original purchase price of £80,000 results in an estimated price of approximately £137,230.
| 12 Jan 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 148.6 | 71.539 % | £80,000 | £57,230 | £137,230 |
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 | 114.420 % | £91,535 | £171,535 |
| 3 Month Average | 59.137 % | £47,309 | £127,309 |
| 6 Month Average | 65.294 % | £52,235 | £132,235 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Dec 2023 | £234,096 | £230,000 | 53 VILLIERS AVENUE |
| 26 Aug 2022 | £248,332 | £249,000 | 1 VILLIERS SQUARE |
| 14 Apr 2022 | £265,688 | £258,000 | ST JUDES VILLIERS AVENUE |
| 30 Mar 2022 | £62,176 | £60,000 | 30 PRICE CRESCENT |
| 19 Aug 2021 | £184,077 | £165,000 | 28 FELLOWS ROAD |
This house has a floor area of 71 sq meters or 765 sq feet when measured on 6 Aug 2011. Using an estimated price of £137,231 means this house is valued at £1,930 per sq meter (£179 per sq foot).
The average size of a house on PROUDS LANE is 95 sq meters (1,031 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Southwick Place |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Queens Gardens |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Fellows Road |
| Mar 2024 | Theft from the person | Unable to prosecute suspect | On or near Fellows Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Fellows Road |