£241,564
This estimated value is based upon the latest sale price for the house of £185,000 on 24 Mar 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£185,000 | 24 Mar 2017 |
£161,995 | 1 Apr 2005 |
Detached |
Freehold |
Floor Area: 91 sq meters or 979 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 2017 the House Price Index for WEST MIDLANDS was 114.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.575%.Applying this 30.575% change to the original purchase price of £185,000 results in an estimated price of approximately £241,564.
24 Mar 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
114.6 | 149.7 | 30.575 % | £185,000 | £56,564 | £241,564 |
The Postcode Pricing Model uses changes in average sales price within the WV13 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 | 16.995 % | £31,441 | £216,441 |
3 Month Average | 68.446 % | £126,626 | £311,626 |
6 Month Average | 54.874 % | £101,517 | £286,517 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Apr 2022 | £228,233 | £220,000 | 21 YALE ROAD |
2 Dec 2021 | £269,827 | £250,000 | 1 YALE ROAD |
19 Nov 2021 | £374,141 | £343,400 | 173 YALE ROAD |
12 Oct 2021 | £100,320 | £90,000 | 12 YALE ROAD |
17 Sep 2021 | £108,557 | £100,000 | 20 YALE ROAD |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 25 Mar 2015. Using an estimated price of £241,565 means this house is valued at £2,654 per sq meter (£246 per sq foot).
The average size of a house on YALE ROAD is 89 sq meters (963 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Yale Road |
Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Yale Road |
Sep 2024 | Criminal damage and arson | Under investigation | On or near Yale Road |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Yale Road |
Sep 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Yale Road |