£160,581
This estimated value is based upon the latest sale price for the house of £152,000 on 11 Feb 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £152,000 | 11 Feb 2022 |
| £104,000 | 5 May 2006 |
| £44,950 | 7 Sep 2001 |
| £27,500 | 30 Apr 1996 |
| £37,000 | 31 Mar 1995 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 925 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 February 2022 the House Price Index for WEST MIDLANDS was 141.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 5.646%.Applying this 5.646% change to the original purchase price of £152,000 results in an estimated price of approximately £160,581.
| 11 Feb 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 149.7 | 5.646 % | £152,000 | £8,581 | £160,581 |
The Postcode Pricing Model uses changes in average sales price within the WV14 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 | 48.954 % | £74,410 | £226,410 |
| 3 Month Average | 33.999 % | £51,677 | £203,677 |
| 6 Month Average | 15.730 % | £23,909 | £175,909 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Oct 2024 | £190,000 | £190,000 | 12 MITCHELL AVENUE |
| 25 Aug 2023 | £181,269 | £178,000 | 45 UPPER ETTINGSHALL ROAD |
| 27 Jan 2023 | £250,670 | £250,000 | 9 CROWESBRIDGE MEWS |
| 26 May 2022 | £200,216 | £195,000 | 1 MITCHELL AVENUE |
| 25 Mar 2022 | £255,764 | £245,000 | 61 UPPER ETTINGSHALL ROAD |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 12 Jul 2021. Using an estimated price of £160,582 means this house is valued at £1,867 per sq meter (£173 per sq foot).
There is one other house on the street which we know the size of, this is 2 MILLARD ROAD it is 95.16
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Millard Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Millard Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Millard Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Millard Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Millard Road |