£179,699
This estimated value is based upon the latest sale price for the house of £155,000 on 5 Nov 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £155,000 | 5 Nov 2020 |
| £67,500 | 1 Nov 2002 |
| Semi-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 November 2020 the House Price Index for WEST MIDLANDS was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £155,000 results in an estimated price of approximately £179,699.
| 5 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.6 | 15.935 % | £155,000 | £24,699 | £179,699 |
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 | 25.113 % | £38,924 | £193,924 |
| 3 Month Average | 8.593 % | £13,318 | £168,318 |
| 6 Month Average | 14.588 % | £22,611 | £177,611 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £60,902 | £60,000 | 38 MARCHANT ROAD |
| 23 Jun 2023 | £111,349 | £110,000 | 84 GREEN LANES |
| 27 Jan 2023 | £159,250 | £160,000 | 14 LIME GROVE |
| 18 Aug 2022 | £75,796 | £76,000 | 121A GREEN LANES |
| 27 May 2022 | £173,214 | £169,950 | 133 GREEN LANES |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 25 Jun 2020. Using an estimated price of £179,700 means this house is valued at £1,932 per sq meter (£179 per sq foot).
The average size of a house on BAYLISS CLOSE is 96 sq meters (1,037 sq feet).
This house is the largest in the street with a floor area of 93 sq meters (1,001 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Bayliss Close |
| Feb 2024 | Anti-social behaviour | On or near Marchant Road | |
| Feb 2024 | Anti-social behaviour | On or near Marchant Road | |
| Feb 2024 | Anti-social behaviour | On or near Marchant Road | |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Marchant Road |