£139,188
This estimated value is based upon the latest sale price for the house of £99,950 on 27 Nov 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £99,950 | 27 Nov 2015 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 796 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 2015 the House Price Index for WEST MIDLANDS was 106.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 39.258%.Applying this 39.258% change to the original purchase price of £99,950 results in an estimated price of approximately £139,188.
| 27 Nov 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 148.6 | 39.258 % | £99,950 | £39,238 | £139,188 |
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 | 26.251 % | £26,238 | £126,188 |
| 3 Month Average | 48.314 % | £48,289 | £148,239 |
| 6 Month Average | 41.075 % | £41,054 | £141,004 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £229,007 | £225,000 | 10 MILES MEADOW CLOSE |
| 11 Dec 2023 | £254,452 | £250,000 | 21 MILES MEADOW CLOSE |
| 17 Nov 2023 | £370,485 | £365,000 | 8 KESTREL GROVE |
| 3 Nov 2023 | £119,773 | £118,000 | FLAT 1 ARGYLL COURT, 133 ESSINGTON ROAD |
| 29 Sep 2023 | £217,278 | £214,500 | 41 KESTREL GROVE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 9 Aug 2015. Using an estimated price of £139,189 means this house is valued at £1,880 per sq meter (£174 per sq foot).
The average size of a house on ESSINGTON ROAD is 75 sq meters (816 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beacon Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Miles Meadow Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Miles Meadow Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dorchester Close |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Dorchester Close |