£288,193
This estimated value is based upon the latest sale price for the house of £170,000 on 29 Aug 2008. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£170,000 | 29 Aug 2008 |
Detached |
Freehold |
Floor Area: 93 sq meters or 1,001 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 2008 the House Price Index for WEST MIDLANDS was 88.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 69.526%.Applying this 69.526% change to the original purchase price of £170,000 results in an estimated price of approximately £288,193.
29 Aug 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
88.3 | 149.7 | 69.526 % | £170,000 | £118,193 | £288,193 |
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 | 75.706 % | £128,700 | £298,700 |
3 Month Average | 57.780 % | £98,225 | £268,225 |
6 Month Average | 48.568 % | £82,565 | £252,565 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Jun 2023 | £377,617 | £370,050 | 2 RUSHBURY CLOSE |
17 Dec 2021 | £85,265 | £79,000 | 25 WESTON DRIVE |
17 Dec 2021 | £345,379 | £320,000 | 101 WESTON DRIVE |
13 Sep 2021 | £350,096 | £322,500 | 58 WESTON DRIVE |
23 Jul 2021 | £401,747 | £347,000 | 88 WESTON DRIVE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 24 Oct 2013. Using an estimated price of £288,193 means this house is valued at £3,098 per sq meter (£287 per sq foot).
The average size of a house on WESTON DRIVE is 82 sq meters (887 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rushbury Close |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Upton Gardens |
Jun 2024 | Public order | Investigation complete; no suspect identified | On or near Hodnet Close |
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Chelwood Gardens |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chelwood Gardens |