£114,992
This estimated value is based upon the latest sale price for the house of £88,000 on 6 Jan 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £88,000 | 6 Jan 2017 |
| £38,000 | 17 Nov 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 111 sq meters or 1,194 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 2017 the House Price Index for WEST MIDLANDS was 113.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.673%.Applying this 30.673% change to the original purchase price of £88,000 results in an estimated price of approximately £114,992.
| 6 Jan 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.7 | 148.6 | 30.673 % | £88,000 | £26,992 | £114,992 |
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 | 119.740 % | £105,371 | £193,371 |
| 3 Month Average | 65.086 % | £57,275 | £145,275 |
| 6 Month Average | 36.260 % | £31,908 | £119,908 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Mar 2024 | £161,500 | £161,500 | 23 NOOSE LANE |
| 20 Dec 2023 | £239,185 | £235,000 | 79 NOOSE LANE |
| 24 Nov 2023 | £243,607 | £240,000 | 33 CEDAR ROAD |
| 11 Sep 2023 | £944,277 | £932,203 | 161 ASTON ROAD |
| 29 Jun 2023 | £171,072 | £169,000 | 66 NOOSE LANE |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 15 May 2016. Using an estimated price of £114,992 means this house is valued at £1,035 per sq meter (£96 per sq foot).
The average size of a house on CEDAR ROAD is 69 sq meters (746 sq feet).
This house is the largest in the street with a floor area of 111 sq meters (1,194 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cedar Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cedar Road |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Cedar Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cedar Road |
| Apr 2024 | Other crime | Under investigation | On or near Ambrose Close |