£236,087
This estimated value is based upon the latest sale price for the house of £173,500 on 31 Mar 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £173,500 | 31 Mar 2016 |
| £170,000 | 1 Oct 2008 |
| Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 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 2016 the House Price Index for WEST MIDLANDS was 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £173,500 results in an estimated price of approximately £236,087.
| 31 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 149.7 | 36.074 % | £173,500 | £62,587 | £236,087 |
The Postcode Pricing Model uses changes in average sales price within the WV6 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 | 16.126 % | £27,979 | £201,479 |
| 3 Month Average | 29.054 % | £50,409 | £223,909 |
| 6 Month Average | 33.600 % | £58,296 | £231,796 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Oct 2023 | £327,437 | £320,000 | 76 CODSALL ROAD |
| 16 Oct 2023 | £388,831 | £380,000 | 90 CODSALL ROAD |
| 6 Oct 2023 | £286,507 | £280,000 | 48 CODSALL ROAD |
| 18 Aug 2023 | £78,414 | £77,000 | 13 PENDEFORD AVENUE |
| 17 Aug 2023 | £249,500 | £245,000 | 119 BURLAND AVENUE |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 17 Dec 2019. Using an estimated price of £236,088 means this house is valued at £2,623 per sq meter (£243 per sq foot).
The average size of a house on CODSALL ROAD is 169 sq meters (1,825 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Possession of weapons | Under investigation | On or near Knights Crescent |
| May 2024 | Violence and sexual offences | Under investigation | On or near Knights Crescent |
| Jul 2024 | Other theft | Unable to prosecute suspect | On or near Petrol Station |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Petrol Station |
| Jun 2024 | Theft from the person | Under investigation | On or near Petrol Station |