£219,942
This estimated value is based upon the latest sale price for the house of £173,000 on 9 Oct 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £173,000 | 9 Oct 2017 |
| £135,000 | 21 Nov 2014 |
| Detached |
| Freehold |
| Floor Area: 75 sq meters or 807 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 2017 the House Price Index for WEST MIDLANDS was 117.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.134%.Applying this 27.134% change to the original purchase price of £173,000 results in an estimated price of approximately £219,942.
| 9 Oct 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 149.7 | 27.134 % | £173,000 | £46,942 | £219,942 |
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 | 62.804 % | £108,650 | £281,650 |
| 3 Month Average | 48.323 % | £83,599 | £256,599 |
| 6 Month Average | 47.281 % | £81,796 | £254,796 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £199,396 | £195,000 | 57 GOUGH ROAD |
| 4 Aug 2023 | £231,679 | £227,500 | 3 RIBBESFORD CRESCENT |
| 4 Aug 2023 | £183,306 | £180,000 | 11 SOUTHALL CRESCENT |
| 12 Jun 2023 | £247,459 | £242,500 | 10 THE PADDOCK |
| 11 Nov 2022 | £263,767 | £265,000 | 26 THE PADDOCK |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 16 Aug 2017. Using an estimated price of £219,942 means this house is valued at £2,932 per sq meter (£272 per sq foot).
The average size of a house on THE PADDOCK is 118 sq meters (1,270 sq feet).
This house is the smallest in the street with a floor area of 75 sq meters (807 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near The Paddock | |
| May 2024 | Public order | Unable to prosecute suspect | On or near The Paddock |
| Jul 2024 | Vehicle crime | Under investigation | On or near Parking Area |
| Jul 2024 | Vehicle crime | Awaiting court outcome | On or near Parking Area |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |