£147,786
This estimated value is based upon the latest sale price for the house of £111,000 on 4 Aug 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £111,000 | 4 Aug 2016 |
| £78,000 | 6 Nov 2012 |
| £9,000 | 30 Dec 1998 |
| Terraced |
| Freehold |
| Floor Area: 97 sq meters or 1,045 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 2016 the House Price Index for WEST MIDLANDS was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.141%.Applying this 33.141% change to the original purchase price of £111,000 results in an estimated price of approximately £147,786.
| 4 Aug 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.141 % | £111,000 | £36,786 | £147,786 |
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 | 94.577 % | £104,980 | £215,980 |
| 3 Month Average | 45.014 % | £49,965 | £160,965 |
| 6 Month Average | 50.732 % | £56,312 | £167,312 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £368,447 | £362,000 | 51 CHURCH STREET |
| 24 Apr 2023 | £429,626 | £425,000 | 15 WALSALL STREET |
| 19 Aug 2022 | £169,544 | £170,000 | 74 GREENWAY ROAD |
| 18 Jul 2022 | £173,467 | £173,000 | PORT LOE ANGELA PLACE |
| 4 Jul 2022 | £190,463 | £189,950 | KENORA ANGELA PLACE |
This house has a floor area of 97 sq meters or 1,045 sq feet when measured on 2 Jun 2011. Using an estimated price of £147,786 means this house is valued at £1,521 per sq meter (£141 per sq foot).
The average size of a house on WELLINGTON ROAD is 125 sq meters (1,352 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Caledonia Street | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Caledonia Street |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Caledonia Street |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Caledonia Street |
| Apr 2024 | Vehicle crime | Under investigation | On or near Parking Area |