£120,038
This estimated value is based upon the latest sale price for the house of £93,000 on 20 Jun 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£93,000 | 20 Jun 2017 |
Terraced |
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 June 2017 the House Price Index for WEST MIDLANDS was 116.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.074%.Applying this 29.074% change to the original purchase price of £93,000 results in an estimated price of approximately £120,038.
20 Jun 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.0 | 149.7 | 29.074 % | £93,000 | £27,038 | £120,038 |
The Postcode Pricing Model uses changes in average sales price within the WS2 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 | 4.231 % | £3,934 | £96,934 |
3 Month Average | 31.993 % | £29,753 | £122,753 |
6 Month Average | 44.844 % | £41,705 | £134,705 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 May 2024 | £148,000 | £148,000 | 4 MURDOCK WAY |
18 Apr 2023 | £101,906 | £100,000 | 119 BLOXWICH LANE |
17 Mar 2023 | £173,904 | £171,000 | 28 TELFORD ROAD |
25 Nov 2022 | £143,330 | £144,000 | 80 BLOXWICH LANE |
10 Oct 2022 | £134,551 | £135,000 | 159 BLOXWICH LANE |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 13 Jun 2016. Using an estimated price of £120,039 means this house is valued at £1,277 per sq meter (£118 per sq foot).
The average size of a house on BLOXWICH LANE is 92 sq meters (990 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Other theft | Under investigation | On or near Telford Road |
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Telford Road |
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Telford Road |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Telford Road |
Jul 2024 | Anti-social behaviour | On or near Priestley Road |