£200,750
This estimated value is based upon the latest sale price for the house of £162,500 on 15 Mar 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £162,500 | 15 Mar 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 82 sq meters or 882 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 2019 the House Price Index for WEST MIDLANDS was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.539%.Applying this 23.539% change to the original purchase price of £162,500 results in an estimated price of approximately £200,750.
| 15 Mar 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.539 % | £162,500 | £38,250 | £200,750 |
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 | 44.976 % | £73,085 | £235,585 |
| 3 Month Average | 20.106 % | £32,672 | £195,172 |
| 6 Month Average | 27.548 % | £44,765 | £207,265 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £274,057 | £270,000 | 10 MAPLE CLOSE |
| 3 Feb 2023 | £239,839 | £240,000 | 17 BOURNE STREET |
| 14 Oct 2022 | £227,550 | £230,000 | 38 HOCKLEY ROAD |
| 31 Aug 2022 | £149,597 | £150,000 | 29 BOURNE STREET |
| 4 May 2022 | £272,637 | £267,500 | 21 HOCKLEY ROAD |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 17 Dec 2018. Using an estimated price of £200,751 means this house is valued at £2,448 per sq meter (£227 per sq foot).
The average size of a house on HOCKLEY ROAD is 93 sq meters (1,005 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Maple Close |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Brook Street |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Helmsdale Way |
| Apr 2024 | Anti-social behaviour | On or near Parkes Lane | |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parkes Lane |