£164,649
This estimated value is based upon the latest sale price for the house of £121,000 on 17 Mar 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £121,000 | 17 Mar 2016 |
| £95,000 | 21 Dec 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 83 sq meters or 895 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 March 2016 the House Price Index for WEST MIDLANDS was 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £121,000 results in an estimated price of approximately £164,649.
| 17 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 149.7 | 36.074 % | £121,000 | £43,649 | £164,649 |
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 | 98.376 % | £119,034 | £240,034 |
| 3 Month Average | 70.037 % | £84,744 | £205,744 |
| 6 Month Average | 58.232 % | £70,460 | £191,460 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £153,982 | £149,250 | 6 BAILEY ROAD |
| 8 Aug 2023 | £152,755 | £150,000 | 24 WOLSELEY ROAD |
| 10 Feb 2023 | £156,042 | £155,000 | 53 BAILEY ROAD |
| 12 Jan 2023 | £224,600 | £224,000 | 21 HADLEY ROAD |
| 11 Nov 2022 | £209,023 | £210,000 | 35 HADLEY ROAD |
This house has a floor area of 83 sq meters or 895 sq feet when measured on 6 Dec 2010. Using an estimated price of £164,649 means this house is valued at £1,978 per sq meter (£183 per sq foot).
The average size of a house on HADLEY ROAD is 82 sq meters (883 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Public order | Investigation complete; no suspect identified | On or near Hadley Place |
| Jul 2024 | Anti-social behaviour | On or near Hadley Road | |
| Jul 2024 | Vehicle crime | Unable to prosecute suspect | On or near Wolseley Road |
| Jun 2024 | Anti-social behaviour | On or near Wolseley Road | |
| Jun 2024 | Other crime | Under investigation | On or near Wolseley Road |