£268,929
This estimated value is based upon the latest sale price for the house of £60,000 on 26 Mar 1999. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £60,000 | 26 Mar 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 109 sq meters or 1,173 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 March 1999 the House Price Index for WEST MIDLANDS was 33.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 348.216%.Applying this 348.216% change to the original purchase price of £60,000 results in an estimated price of approximately £268,929.
| 26 Mar 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 33.2 | 148.6 | 348.216 % | £60,000 | £208,929 | £268,929 |
The Postcode Pricing Model uses changes in average sales price within the WV3 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 | 24.179 % | £14,507 | £74,507 |
| 3 Month Average | 230.976 % | £138,585 | £198,585 |
| 6 Month Average | 215.922 % | £129,552 | £189,552 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £351,144 | £345,000 | 122 CLARK ROAD |
| 22 Aug 2023 | £277,427 | £275,000 | 3 MARCHANT ROAD |
| 9 Sep 2022 | £347,196 | £350,000 | 155 CLARK ROAD |
| 8 Apr 2022 | £339,834 | £330,000 | 116C CLARK ROAD |
| 27 Aug 2021 | £263,285 | £236,000 | 7 MARCHANT ROAD |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 2 Jun 2014. Using an estimated price of £268,930 means this house is valued at £2,467 per sq meter (£229 per sq foot).
The average size of a house on CLARK ROAD is 125 sq meters (1,349 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Marchant Road |
| Jan 2024 | Other theft | Under investigation | On or near Paget Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Clark Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Clark Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Further/Higher Educational Building |