£377,621
This estimated value is based upon the latest sale price for the house of £336,000 on 16 Aug 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Bilston Road
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| Price Paid | Date |
|---|---|
| £336,000 | 16 Aug 2021 |
| £277,500 | 29 May 2014 |
| £225,000 | 12 Sep 2005 |
| £83,500 | 4 Dec 1998 |
| Detached |
| Freehold |
| Floor Area: 147 sq meters or 1,582 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 August 2021 the House Price Index for WEST MIDLANDS was 133.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 12.387%.Applying this 12.387% change to the original purchase price of £336,000 results in an estimated price of approximately £377,621.
| 16 Aug 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 149.7 | 12.387 % | £336,000 | £41,621 | £377,621 |
The Postcode Pricing Model uses changes in average sales price within the WV13 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 | -44.490 % | £-149,487 | £186,512 |
| 3 Month Average | -26.304 % | £-88,381 | £247,618 |
| 6 Month Average | -23.377 % | £-78,547 | £257,452 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £288,277 | £282,500 | 9 CENTURY DRIVE |
| 29 Mar 2023 | £238,991 | £235,000 | 2 HUNTERS CLOSE |
| 28 Apr 2022 | £228,233 | £220,000 | 21 YALE ROAD |
| 19 Nov 2021 | £374,141 | £343,400 | 173 YALE ROAD |
| 16 Aug 2021 | £377,622 | £336,000 | 61 BILSTON ROAD |
This house has a floor area of 147 sq meters or 1,582 sq feet when measured on 6 Dec 2013. Using an estimated price of £377,622 means this house is valued at £2,568 per sq meter (£238 per sq foot).
The average size of a house on BILSTON ROAD is 149 sq meters (1,611 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Burglary | Under investigation | On or near Bilston Road |
| Jul 2024 | Burglary | Under investigation | On or near Century Drive |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Century Drive |
| Jul 2024 | Vehicle crime | Under investigation | On or near Hunters Close |
| May 2024 | Burglary | Investigation complete; no suspect identified | On or near Hunters Close |