£133,156
This estimated value is based upon the latest sale price for the house of £72,000 on 1 May 2009. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£72,000 | 1 May 2009 |
Terraced |
Freehold |
Floor Area: 70 sq meters or 757 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 May 2009 the House Price Index for WEST MIDLANDS was 80.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 84.940%.Applying this 84.940% change to the original purchase price of £72,000 results in an estimated price of approximately £133,156.
1 May 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
80.4 | 148.6 | 84.940 % | £72,000 | £61,156 | £133,156 |
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 | 47.788 % | £34,407 | £106,407 |
3 Month Average | 44.346 % | £31,929 | £103,929 |
6 Month Average | 59.190 % | £42,616 | £114,616 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Jul 2023 | £212,865 | £210,000 | 10 DUKE STREET |
11 Mar 2022 | £222,796 | £215,000 | 159 WOOD END ROAD |
4 Feb 2022 | £167,791 | £160,000 | 72 LICHFIELD ROAD |
19 Nov 2021 | £154,656 | £143,000 | 20 WOOD END ROAD |
22 Oct 2021 | £154,901 | £139,995 | 30 WOOD END ROAD |
This house has a floor area of 70 sq meters or 757 sq feet when measured on 28 Jan 2009. Using an estimated price of £133,157 means this house is valued at £1,891 per sq meter (£175 per sq foot).
The average size of a house on WOOD END ROAD is 90 sq meters (973 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Vehicle crime | Under investigation | On or near Tithe Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Tithe Road |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tithe Road |
Feb 2024 | Violence and sexual offences | Offender given a caution | On or near Tithe Road |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tithe Road |