£142,724
This estimated value is based upon the latest sale price for the house of £104,000 on 29 Jan 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £104,000 | 29 Jan 2016 |
| £95,000 | 3 Sep 2004 |
| 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 January 2016 the House Price Index for WEST MIDLANDS was 108.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 37.235%.Applying this 37.235% change to the original purchase price of £104,000 results in an estimated price of approximately £142,724.
| 29 Jan 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 148.6 | 37.235 % | £104,000 | £38,724 | £142,724 |
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 | 26.250 % | £27,300 | £131,300 |
| 3 Month Average | 34.480 % | £35,859 | £139,859 |
| 6 Month Average | 49.321 % | £51,293 | £155,293 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £163,419 | £161,000 | 12 MERRICK ROAD |
| 20 Nov 2023 | £233,456 | £230,000 | 23 MARLOWE DRIVE |
| 31 Aug 2023 | £179,067 | £177,500 | 69 CASTLEBRIDGE ROAD |
| 15 Jun 2023 | £172,084 | £170,000 | 23 WYRLEY ROAD |
| 27 Jan 2023 | £151,785 | £152,500 | 16 MERRICK ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 8 Mar 2016. Using an estimated price of £142,725 means this house is valued at £1,640 per sq meter (£152 per sq foot).
The average size of a house on CASTLEBRIDGE ROAD is 83 sq meters (897 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pool Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pool Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Pool Road |
| Feb 2024 | Anti-social behaviour | On or near Pool Road | |
| Feb 2024 | Anti-social behaviour | On or near Pool Road |