£188,936
This estimated value is based upon the latest sale price for the house of £39,950 on 5 Jun 1998. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £39,950 | 5 Jun 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 71 sq meters or 764 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 June 1998 the House Price Index for WEST MIDLANDS was 31.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 372.931%.Applying this 372.931% change to the original purchase price of £39,950 results in an estimated price of approximately £188,936.
| 5 Jun 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.7 | 149.7 | 372.931 % | £39,950 | £148,986 | £188,936 |
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 | 373.071 % | £149,041 | £188,991 |
| 3 Month Average | 335.952 % | £134,212 | £174,162 |
| 6 Month Average | 309.802 % | £123,766 | £163,716 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Sep 2023 | £163,607 | £160,000 | 118 CLARENCE ROAD |
| 28 Apr 2023 | £203,812 | £200,000 | 106A MOSELEY ROAD |
| 2 Feb 2023 | £181,714 | £180,500 | 6 RUSSELL ROAD |
| 18 Aug 2022 | £152,714 | £152,000 | 41 CASTLECROFT ROAD |
| 11 Apr 2022 | £165,988 | £160,000 | 2B RUSSELL ROAD |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 30 Jul 2012. Using an estimated price of £188,936 means this house is valued at £2,661 per sq meter (£247 per sq foot).
The average size of a house on CASTLECROFT ROAD is 90 sq meters (973 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Lambah Close |
| Apr 2024 | Anti-social behaviour | On or near Lambah Close | |
| Apr 2024 | Anti-social behaviour | On or near Lambah Close | |
| Apr 2024 | Anti-social behaviour | On or near Lambah Close | |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lambah Close |