£176,202
This estimated value is based upon the latest sale price for the house of £145,500 on 26 Jun 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £145,500 | 26 Jun 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 60 sq meters or 645 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 2020 the House Price Index for WEST MIDLANDS was 122.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.102%.Applying this 21.102% change to the original purchase price of £145,500 results in an estimated price of approximately £176,202.
| 26 Jun 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 148.6 | 21.102 % | £145,500 | £30,702 | £176,202 |
The Postcode Pricing Model uses changes in average sales price within the WV11 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 | -14.002 % | £-20,372 | £125,127 |
| 3 Month Average | 1.958 % | £2,848 | £148,348 |
| 6 Month Average | 16.612 % | £24,169 | £169,669 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £142,104 | £140,000 | 153 WADDENS BROOK LANE |
| 29 Sep 2023 | £176,254 | £174,000 | 24 SILVERTON WAY |
| 14 Jul 2023 | £283,820 | £280,000 | 21 TEASEL ROAD |
| 13 Jul 2023 | £329,434 | £325,000 | 7 TEASEL ROAD |
| 23 Jun 2023 | £232,820 | £230,000 | 20 ELLARDS DRIVE |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 28 Jun 2019. Using an estimated price of £176,203 means this house is valued at £2,936 per sq meter (£272 per sq foot).
The average size of a house on SILVERTON WAY is 76 sq meters (819 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Easton Gardens |
| Mar 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Easton Gardens |
| Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near Easton Gardens |
| Mar 2024 | Other crime | Unable to prosecute suspect | On or near Easton Gardens |
| Feb 2024 | Drugs | Local resolution | On or near Easton Gardens |