£232,466
This estimated value is based upon the latest sale price for the house of £129,000 on 20 Dec 2005. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £129,000 | 20 Dec 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 78 sq meters or 839 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 December 2005 the House Price Index for WEST MIDLANDS was 82.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 80.207%.Applying this 80.207% change to the original purchase price of £129,000 results in an estimated price of approximately £232,466.
| 20 Dec 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.5 | 148.6 | 80.207 % | £129,000 | £103,466 | £232,466 |
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 | 95.603 % | £123,328 | £252,328 |
| 3 Month Average | 58.030 % | £74,859 | £203,859 |
| 6 Month Average | 45.906 % | £59,219 | £188,219 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Mar 2024 | £135,000 | £135,000 | 130 THORNE ROAD |
| 30 Jun 2023 | £116,410 | £115,000 | 10 WELLINGTON TERRACE |
| 24 Jun 2022 | £153,165 | £151,000 | 22 WELLINGTON TERRACE |
| 24 Jun 2022 | £202,867 | £200,000 | 54 WELLINGTON PLACE |
| 11 Mar 2022 | £167,874 | £162,000 | 10 BLOOM CLOSE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 15 Oct 2014. Using an estimated price of £232,467 means this house is valued at £2,980 per sq meter (£276 per sq foot).
The average size of a house on WELLINGTON PLACE is 83 sq meters (897 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wellington Place |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wellington Place |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wellington Place |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Petrol Station |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |