£186,149
This estimated value is based upon the latest sale price for the house of £161,000 on 4 Dec 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £161,000 | 4 Dec 2020 |
| £130,000 | 8 Mar 2005 |
| £87,000 | 8 Apr 2004 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 2020 the House Price Index for WEST MIDLANDS was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £161,000 results in an estimated price of approximately £186,149.
| 4 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 149.7 | 15.621 % | £161,000 | £25,149 | £186,149 |
The Postcode Pricing Model uses changes in average sales price within the WV4 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 | -10.610 % | £-17,082 | £143,917 |
| 3 Month Average | 24.784 % | £39,902 | £200,902 |
| 6 Month Average | 18.751 % | £30,189 | £191,189 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £189,818 | £185,000 | 77 WESTBOURNE ROAD |
| 25 Aug 2023 | £249,500 | £245,000 | 8 ELM DALE ROAD |
| 25 Aug 2022 | £210,987 | £210,000 | 40 WESTBOURNE ROAD |
| 11 Aug 2022 | £188,381 | £187,500 | 40 BELMONT ROAD |
| 10 Jun 2022 | £235,535 | £230,500 | 85 BELMONT ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 21 Mar 2020. Using an estimated price of £186,150 means this house is valued at £2,326 per sq meter (£216 per sq foot).
The average size of a house on WESTBOURNE ROAD is 87 sq meters (945 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Westbourne Road |
| Jul 2024 | Other theft | Unable to prosecute suspect | On or near Westbourne Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Westbourne Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elm Dale Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elm Dale Road |