£174,979
This estimated value is based upon the latest sale price for the house of £110,500 on 3 Feb 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £110,500 | 3 Feb 2014 |
| £113,500 | 23 Sep 2005 |
| £47,500 | 25 Feb 1999 |
| £39,500 | 31 Mar 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 72 sq meters or 782 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 2014 the House Price Index for WEST MIDLANDS was 93.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.353%.Applying this 58.353% change to the original purchase price of £110,500 results in an estimated price of approximately £174,979.
| 3 Feb 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.8 | 148.6 | 58.353 % | £110,500 | £64,479 | £174,979 |
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 | 84.749 % | £93,647 | £204,147 |
| 3 Month Average | 46.917 % | £51,842 | £162,342 |
| 6 Month Average | 53.415 % | £59,023 | £169,523 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Apr 2023 | £212,286 | £210,000 | 27 SWANN ROAD |
| 29 Mar 2023 | £206,950 | £205,000 | 45 HURST ROAD |
| 11 Mar 2022 | £227,978 | £220,000 | 38 CHILDS AVENUE |
| 20 Dec 2021 | £89,409 | £83,452 | 65 HURST ROAD |
| 21 Sep 2021 | £172,415 | £160,000 | 15 SWANN ROAD |
This house has a floor area of 72 sq meters or 782 sq feet when measured on 1 Mar 2011. Using an estimated price of £174,980 means this house is valued at £2,408 per sq meter (£223 per sq foot).
The average size of a house on KOSSUTH ROAD is 107 sq meters (1,160 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Stretton Place |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Stretton Place |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stretton Place |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Stretton Place |
| Mar 2024 | Robbery | Investigation complete; no suspect identified | On or near Sports/Recreation Area |