£159,467
This estimated value is based upon the latest sale price for the house of £96,000 on 5 Jul 2013. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £96,000 | 5 Jul 2013 |
| Terraced |
| Freehold |
| Floor Area: 105 sq meters or 1,130 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 2013 the House Price Index for WEST MIDLANDS was 89.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 66.112%.Applying this 66.112% change to the original purchase price of £96,000 results in an estimated price of approximately £159,467.
| 5 Jul 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.5 | 148.6 | 66.112 % | £96,000 | £63,467 | £159,467 |
The Postcode Pricing Model uses changes in average sales price within the WV8 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 | 11.108 % | £10,664 | £106,664 |
| 3 Month Average | 7.884 % | £7,569 | £103,569 |
| 6 Month Average | 19.729 % | £18,940 | £114,940 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £162,849 | £160,000 | 4 DEER WALK |
| 2 Nov 2023 | £158,649 | £156,300 | 54 BARNWOOD ROAD |
| 30 Mar 2023 | £184,740 | £183,000 | 6 TORFIELD |
| 9 Feb 2023 | £107,927 | £108,000 | 10 HEDGEROW WALK |
| 11 Jan 2023 | £133,372 | £134,000 | 43 CORNFIELD |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 7 Feb 2013. Using an estimated price of £159,468 means this house is valued at £1,518 per sq meter (£141 per sq foot).
The average size of a house on CORNFIELD is 87 sq meters (947 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Blanefield |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Blanefield |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Blanefield |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Blanefield |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Blanefield |