£225,907
This estimated value is based upon the latest sale price for the house of £180,000 on 10 Jan 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £180,000 | 10 Jan 2018 |
| Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 January 2018 the House Price Index for WEST MIDLANDS was 118.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.504%.Applying this 25.504% change to the original purchase price of £180,000 results in an estimated price of approximately £225,907.
| 10 Jan 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 148.6 | 25.504 % | £180,000 | £45,907 | £225,907 |
The Postcode Pricing Model uses changes in average sales price within the WV10 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 | 57.483 % | £103,469 | £283,469 |
| 3 Month Average | 39.704 % | £71,466 | £251,466 |
| 6 Month Average | 36.231 % | £65,215 | £245,215 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Jul 2022 | £230,621 | £230,000 | 4 WIMBORNE ROAD |
| 20 May 2022 | £241,042 | £236,500 | 195 BUSHBURY ROAD |
| 14 Apr 2022 | £216,258 | £210,000 | 9 WIMBORNE ROAD |
| 24 Mar 2022 | £222,796 | £215,000 | 210 BUSHBURY ROAD |
| 26 Nov 2021 | £129,782 | £120,000 | 450 CANNOCK ROAD |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 6 Jul 2016. Using an estimated price of £225,907 means this house is valued at £2,403 per sq meter (£223 per sq foot).
The average size of a house on WIMBORNE ROAD is 103 sq meters (1,119 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Thorneycroft Lane |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Avenue |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near The Avenue |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near The Avenue |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near The Avenue |