£200,281
This estimated value is based upon the latest sale price for the house of £115,000 on 31 Oct 2011. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£115,000 | 31 Oct 2011 |
£109,000 | 30 Apr 2010 |
Semi-Detached |
Freehold |
Floor Area: 63 sq meters or 678 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 October 2011 the House Price Index for WEST MIDLANDS was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.158%.Applying this 74.158% change to the original purchase price of £115,000 results in an estimated price of approximately £200,281.
31 Oct 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 149.7 | 74.158 % | £115,000 | £85,281 | £200,281 |
The Postcode Pricing Model uses changes in average sales price within the WV11 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 | -19.197 % | £-22,076 | £92,923 |
3 Month Average | 62.510 % | £71,886 | £186,886 |
6 Month Average | 58.063 % | £66,771 | £181,771 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £199,119 | £193,000 | 116 SILVERTON WAY |
30 Aug 2023 | £112,020 | £110,000 | 5 KERSLEY GARDENS |
30 Jun 2023 | £193,885 | £190,000 | 14 REDSTONE DRIVE |
21 Apr 2023 | £203,812 | £200,000 | 102 SILVERTON WAY |
28 Feb 2023 | £85,572 | £85,000 | 16 SMALLSHIRE CLOSE |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 14 Sep 2011. Using an estimated price of £200,282 means this house is valued at £3,177 per sq meter (£295 per sq foot).
The average size of a house on SILVERTON WAY is 76 sq meters (819 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Shoplifting | Awaiting court outcome | On or near Holberg Grove |
Jul 2024 | Shoplifting | Under investigation | On or near Holberg Grove |
Jul 2024 | Shoplifting | Unable to prosecute suspect | On or near Holberg Grove |
Jul 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Holberg Grove |
Jul 2024 | Shoplifting | Awaiting court outcome | On or near Holberg Grove |