£179,669
This estimated value is based upon the latest sale price for the house of £120,000 on 25 Nov 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£120,000 | 25 Nov 2014 |
Terraced |
Freehold |
Floor Area: 87 sq meters or 936 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 2014 the House Price Index for WEST MIDLANDS was 99.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.724%.Applying this 49.724% change to the original purchase price of £120,000 results in an estimated price of approximately £179,669.
25 Nov 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.2 | 148.6 | 49.724 % | £120,000 | £59,669 | £179,669 |
The Postcode Pricing Model uses changes in average sales price within the DY3 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 | 66.146 % | £79,374 | £199,374 |
3 Month Average | 67.800 % | £81,360 | £201,360 |
6 Month Average | 54.760 % | £65,712 | £185,712 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Sep 2023 | £227,914 | £225,000 | 4 GIBBONS HILL ROAD |
30 Nov 2022 | £204,523 | £207,000 | 18 THE VISTA |
15 Jul 2022 | £215,580 | £215,000 | 40 HIGHFIELD ROAD |
20 May 2022 | £94,786 | £93,000 | 200A WOLVERHAMPTON ROAD |
29 Apr 2022 | £202,870 | £197,000 | 21 GIBBONS HILL ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 21 Mar 2014. Using an estimated price of £179,669 means this house is valued at £2,065 per sq meter (£191 per sq foot).
The average size of a house on THE VISTA is 107 sq meters (1,153 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near The Vista |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Round Hill |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gibbons Hill Road |
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Gibbons Hill Road |
Jan 2024 | Other theft | Unable to prosecute suspect | On or near Gibbons Hill Road |