£155,862
This estimated value is based upon the latest sale price for the house of £104,500 on 17 Dec 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £104,500 | 17 Dec 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 72 sq meters or 775 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 December 2014 the House Price Index for WEST MIDLANDS was 99.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.151%.Applying this 49.151% change to the original purchase price of £104,500 results in an estimated price of approximately £155,862.
| 17 Dec 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.6 | 148.6 | 49.151 % | £104,500 | £51,362 | £155,862 |
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 | 55.877 % | £58,391 | £162,891 |
| 3 Month Average | 50.158 % | £52,415 | £156,915 |
| 6 Month Average | 62.506 % | £65,318 | £169,818 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Nov 2023 | £106,578 | £105,000 | 16 PATSHULL AVENUE |
| 18 Jul 2023 | £202,729 | £200,000 | 44 REDHURST DRIVE |
| 30 Mar 2023 | £186,760 | £185,000 | 56 PATSHULL AVENUE |
| 2 Mar 2023 | £161,522 | £160,000 | 74 REDHURST DRIVE |
| 10 Oct 2022 | £237,443 | £240,000 | 61A PATSHULL AVENUE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 23 Feb 2015. Using an estimated price of £155,863 means this house is valued at £2,164 per sq meter (£201 per sq foot).
The average size of a house on PATSHULL AVENUE is 74 sq meters (805 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Redhurst Drive |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Redhurst Drive |
| Feb 2024 | Public order | Under investigation | On or near Redhurst Drive |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Redhurst Drive |
| Feb 2024 | Robbery | Investigation complete; no suspect identified | On or near Redhurst Drive |