£258,568
This estimated value is based upon the latest sale price for the house of £239,950 on 24 Sep 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £239,950 | 24 Sep 2021 |
| £185,000 | 28 Sep 2018 |
| £152,500 | 30 Jan 2007 |
| £84,500 | 25 Jul 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 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 September 2021 the House Price Index for WEST MIDLANDS was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £239,950 results in an estimated price of approximately £258,568.
| 24 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.6 | 7.759 % | £239,950 | £18,618 | £258,568 |
The Postcode Pricing Model uses changes in average sales price within the WV10 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 | 32.856 % | £78,837 | £318,787 |
| 3 Month Average | 15.012 % | £36,021 | £275,971 |
| 6 Month Average | 8.293 % | £19,899 | £259,849 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £270,365 | £268,000 | 31 FARMBROOK AVENUE |
| 3 Mar 2023 | £343,234 | £340,000 | 2 HOLME MILL |
| 16 Feb 2023 | £219,852 | £220,000 | 5 MILLDALE ROAD |
| 2 Feb 2023 | £304,795 | £305,000 | 607 STAFFORD ROAD |
| 2 Feb 2023 | £189,872 | £190,000 | 15 ORIEL DRIVE |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 1 Jun 2018. Using an estimated price of £258,568 means this house is valued at £2,872 per sq meter (£266 per sq foot).
The average size of a house on MILLDALE ROAD is 111 sq meters (1,203 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Milldale Road |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Mill Green |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Farmbrook Avenue |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Farmbrook Avenue |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |