£142,050
This estimated value is based upon the latest sale price for the house of £39,950 on 23 Feb 2001. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£39,950 | 23 Feb 2001 |
£27,500 | 3 Apr 1998 |
Semi-Detached |
Freehold |
Floor Area: 61 sq meters or 656 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 February 2001 the House Price Index for WEST MIDLANDS was 42.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 255.570%.Applying this 255.570% change to the original purchase price of £39,950 results in an estimated price of approximately £142,050.
23 Feb 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
42.1 | 149.7 | 255.570 % | £39,950 | £102,100 | £142,050 |
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 | 336.899 % | £134,591 | £174,541 |
3 Month Average | 304.328 % | £121,578 | £161,528 |
6 Month Average | 273.602 % | £109,303 | £149,253 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 May 2024 | £260,000 | £260,000 | 19 MULLION DRIVE |
19 Oct 2022 | £120,099 | £120,500 | 34 HANNAH ROAD |
20 May 2022 | £205,350 | £200,000 | 125 GREAT BRIDGE ROAD |
13 Apr 2022 | £278,029 | £268,000 | 64 MULLION DRIVE |
1 Oct 2021 | £139,334 | £125,000 | 30 HANNAH ROAD |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 16 Feb 2015. Using an estimated price of £142,050 means this house is valued at £2,328 per sq meter (£216 per sq foot).
The average size of a house on MORCROFT is 88 sq meters (948 sq feet).
This house is the largest in the street with a floor area of 61 sq meters (656 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Possession of weapons | Under investigation | On or near Fircroft |
Jul 2024 | Anti-social behaviour | On or near Fircroft | |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hannah Road |
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hannah Road |
Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Hannah Road |