£115,499
This estimated value is based upon the latest sale price for the house of £64,000 on 28 Aug 2009. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £64,000 | 28 Aug 2009 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 59 sq meters or 639 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 August 2009 the House Price Index for WEST MIDLANDS was 82.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 80.468%.Applying this 80.468% change to the original purchase price of £64,000 results in an estimated price of approximately £115,499.
| 28 Aug 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.3 | 148.6 | 80.468 % | £64,000 | £51,499 | £115,499 |
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 | 133.114 % | £85,192 | £149,192 |
| 3 Month Average | 90.622 % | £57,997 | £121,997 |
| 6 Month Average | 81.997 % | £52,478 | £116,478 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £243,607 | £240,000 | 33 CEDAR ROAD |
| 14 Nov 2023 | £370,485 | £365,000 | 600 WILLENHALL ROAD |
| 11 Sep 2023 | £944,277 | £932,203 | 161 ASTON ROAD |
| 30 Jun 2023 | £197,391 | £195,000 | 4 HILL ROAD |
| 3 Apr 2023 | £240,085 | £237,500 | 40 CEDAR ROAD |
This house has a floor area of 59 sq meters or 639 sq feet when measured on 10 Nov 2010. Using an estimated price of £115,500 means this house is valued at £1,944 per sq meter (£180 per sq foot).
The average size of a house on WILLENHALL ROAD is 87 sq meters (938 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Millichip Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Millichip Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Millichip Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Millichip Road |
| Jan 2024 | Drugs | Offender given a caution | On or near Millichip Road |