£361,585
This estimated value is based upon the latest sale price for the house of £249,000 on 18 Jun 2015. 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 Church Hill Road
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| Price Paid | Date |
|---|---|
| £249,000 | 18 Jun 2015 |
| Detached |
| Freehold |
| Floor Area: 106 sq meters or 1,140 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 2015 the House Price Index for WEST MIDLANDS was 102.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.215%.Applying this 45.215% change to the original purchase price of £249,000 results in an estimated price of approximately £361,585.
| 18 Jun 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 148.6 | 45.215 % | £249,000 | £112,585 | £361,585 |
The Postcode Pricing Model uses changes in average sales price within the WV6 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 | 95.325 % | £237,358 | £486,358 |
| 3 Month Average | 31.719 % | £78,980 | £327,980 |
| 6 Month Average | 39.026 % | £97,175 | £346,175 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £503,815 | £495,000 | 19 CLIFTON ROAD |
| 30 Aug 2023 | £857,502 | £850,000 | 15 STOCKWELL ROAD |
| 31 Jan 2023 | £885,827 | £890,000 | 9 STOCKWELL ROAD |
| 15 Jul 2022 | £551,485 | £550,000 | 9 CHURCH HILL DRIVE |
| 20 May 2022 | £580,946 | £570,000 | 42 STOCKWELL ROAD |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 25 Oct 2012. Using an estimated price of £361,585 means this house is valued at £3,411 per sq meter (£316 per sq foot).
The average size of a house on BOWOOD DRIVE is 167 sq meters (1,801 sq feet).
This house is the smallest in the street with a floor area of 106 sq meters (1,140 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Unable to prosecute suspect | On or near Church Hill Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Love Lane |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Love Lane |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Church Hill Drive |
| Mar 2024 | Anti-social behaviour | On or near Stockwell End |