£62,180
This estimated value is based upon the latest sale price for the house of £50,700 on 22 Nov 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £50,700 | 22 Nov 2019 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 50 sq meters or 538 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 2019 the House Price Index for WEST MIDLANDS was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £50,700 results in an estimated price of approximately £62,180.
| 22 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.645 % | £50,700 | £11,480 | £62,180 |
The Postcode Pricing Model uses changes in average sales price within the WV14 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 | 28.296 % | £14,346 | £65,046 |
| 3 Month Average | 13.666 % | £6,928 | £57,628 |
| 6 Month Average | 21.588 % | £10,945 | £61,645 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Mar 2024 | £130,000 | £130,000 | 70 BRIDGE STREET |
| 10 Aug 2023 | £171,500 | £170,000 | 14 OLD END LANE |
| 4 Aug 2023 | £186,633 | £185,000 | 12 BRIDGE STREET |
| 21 Jun 2023 | £65,797 | £65,000 | 31 CENTRAL DRIVE |
| 27 Apr 2023 | £136,469 | £135,000 | 60 SANGWIN ROAD |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 14 Mar 2018. Using an estimated price of £62,181 means this house is valued at £1,243 per sq meter (£115 per sq foot).
The average size of a house on CENTRAL DRIVE is 70 sq meters (763 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Old End Lane |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Old End Lane |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Old End Lane |
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Old End Lane |
| Feb 2024 | Anti-social behaviour | On or near Old End Lane |