£243,709
This estimated value is based upon the latest sale price for the house of £238,500 on 17 Jun 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £238,500 | 17 Jun 2022 |
| £270,000 | 4 Feb 2019 |
| Detached |
| Freehold |
| Floor Area: 142 sq meters or 1,528 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 June 2022 the House Price Index for WEST MIDLANDS was 146.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.184%.Applying this 2.184% change to the original purchase price of £238,500 results in an estimated price of approximately £243,709.
| 17 Jun 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 149.7 | 2.184 % | £238,500 | £5,209 | £243,709 |
The Postcode Pricing Model uses changes in average sales price within the WV12 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 | 11.492 % | £27,409 | £265,909 |
| 3 Month Average | 4.945 % | £11,793 | £250,293 |
| 6 Month Average | 13.342 % | £31,819 | £270,319 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £257,926 | £250,000 | 35 OAKRIDGE DRIVE |
| 5 Oct 2023 | £153,486 | £150,000 | 25 SANDBEDS ROAD |
| 29 Sep 2023 | £301,650 | £295,000 | 47 OAKRIDGE DRIVE |
| 31 Aug 2023 | £220,986 | £217,000 | 12 OAKRIDGE DRIVE |
| 30 Aug 2023 | £386,980 | £380,000 | 18 SANDBEDS ROAD |
This house has a floor area of 142 sq meters or 1,528 sq feet when measured on 26 Apr 2017. Using an estimated price of £243,710 means this house is valued at £1,716 per sq meter (£159 per sq foot).
The average size of a house on SANDBEDS ROAD is 100 sq meters (1,078 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Theft from the person | Under investigation | On or near Edgeworth Close |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stroud Close |
| Jun 2024 | Anti-social behaviour | On or near Stroud Close | |
| Jun 2024 | Anti-social behaviour | On or near Stroud Close | |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stroud Close |