£181,536
This estimated value is based upon the latest sale price for the house of £100,000 on 10 Jul 2009. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £100,000 | 10 Jul 2009 |
| Semi-Detached |
| Freehold |
| Floor Area: 58 sq meters or 629 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 2009 the House Price Index for WEST MIDLANDS was 81.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 81.537%.Applying this 81.537% change to the original purchase price of £100,000 results in an estimated price of approximately £181,536.
| 10 Jul 2009 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.5 | 148.0 | 81.537 % | £100,000 | £81,536 | £181,536 |
The Postcode Pricing Model uses changes in average sales price within the WV3 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 | -47.001 % | £-47,000 | £52,999 |
| 3 Month Average | 40.531 % | £40,531 | £140,531 |
| 6 Month Average | 36.203 % | £36,202 | £136,202 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Sep 2022 | £291,455 | £295,000 | 7 WORFIELD GARDENS |
| 15 Jul 2022 | £274,629 | £275,000 | 68 COALWAY ROAD |
| 29 Apr 2022 | £138,462 | £135,000 | 40 COALWAY ROAD |
| 28 Apr 2022 | £464,615 | £453,000 | 32 COALWAY ROAD |
| 20 Jan 2022 | £298,830 | £285,100 | 3 LEIGHTON ROAD |
This house has a floor area of 58 sq meters or 629 sq feet when measured on 21 Nov 2008. Using an estimated price of £181,537 means this house is valued at £3,103 per sq meter (£288 per sq foot).
The average size of a house on COALWAY ROAD is 118 sq meters (1,278 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Worfield Gardens |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Worfield Gardens |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Worfield Gardens |
| Jan 2024 | Other crime | Further investigation is not in the public interest | On or near Worfield Gardens |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Worfield Gardens |