£96,456
This estimated value is based upon the latest sale price for the house of £56,250 on 6 Jul 2012. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £56,250 | 6 Jul 2012 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 53 sq meters or 572 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 July 2012 the House Price Index for WEST MIDLANDS was 87.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.478%.Applying this 71.478% change to the original purchase price of £56,250 results in an estimated price of approximately £96,456.
| 6 Jul 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 149.7 | 71.478 % | £56,250 | £40,206 | £96,456 |
The Postcode Pricing Model uses changes in average sales price within the WV13 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 | 39.543 % | £22,243 | £78,493 |
| 3 Month Average | 76.326 % | £42,933 | £99,183 |
| 6 Month Average | 89.711 % | £50,462 | £106,712 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Mar 2024 | £164,020 | £161,500 | 23 NOOSE LANE |
| 24 Nov 2023 | £246,251 | £240,000 | 33 CEDAR ROAD |
| 17 Nov 2023 | £153,907 | £150,000 | 540 WILLENHALL ROAD |
| 14 Nov 2023 | £374,506 | £365,000 | 600 WILLENHALL ROAD |
| 18 Oct 2023 | £215,904 | £211,000 | 604 WILLENHALL ROAD |
This house has a floor area of 53 sq meters or 572 sq feet when measured on 3 Mar 2011. Using an estimated price of £96,456 means this house is valued at £1,813 per sq meter (£168 per sq foot).
The average size of a house on WILLENHALL ROAD is 87 sq meters (938 sq feet).
This house is the smallest in the street with a floor area of 53 sq meters (572 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Neachells Court |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Neachells Court |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Neachells Court |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Neachells Court |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Neachells Court |