£583,124
This estimated value is based upon the latest sale price for the house of £565,000 on 25 Mar 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £565,000 | 25 Mar 2022 |
| £400,000 | 27 Jun 2014 |
| £244,200 | 25 Jan 2002 |
| Detached |
| Freehold |
| Floor Area: 187 sq meters or 2,012 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 2022 the House Price Index for WEST MIDLANDS was 143.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 3.208%.Applying this 3.208% change to the original purchase price of £565,000 results in an estimated price of approximately £583,124.
| 25 Mar 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 148.0 | 3.208 % | £565,000 | £18,124 | £583,124 |
The Postcode Pricing Model uses changes in average sales price within the WV6 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 | 28.431 % | £160,633 | £725,633 |
| 3 Month Average | 1.984 % | £11,208 | £576,208 |
| 6 Month Average | 5.056 % | £28,567 | £593,567 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Apr 2024 | £385,000 | £385,000 | 120A CODSALL ROAD |
| 28 Jun 2022 | £303,072 | £300,000 | JASMINE COTTAGE CODSALL ROAD |
| 23 Jun 2022 | £323,276 | £320,000 | 15 THIRLMERE CLOSE |
| 25 Mar 2022 | £583,124 | £565,000 | 130 CODSALL ROAD |
| 9 Oct 2020 | £373,871 | £320,000 | 19 THIRLMERE CLOSE |
This house has a floor area of 187 sq meters or 2,012 sq feet when measured on 11 Mar 2013. Using an estimated price of £583,124 means this house is valued at £3,118 per sq meter (£289 per sq foot).
The average size of a house on CODSALL ROAD is 169 sq meters (1,825 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Codsall Road | |
| Jan 2024 | Anti-social behaviour | On or near Codsall Road | |
| Jan 2024 | Anti-social behaviour | On or near Codsall Road | |
| Jan 2024 | Anti-social behaviour | On or near Codsall Road | |
| Apr 2024 | Burglary | Under investigation | On or near Thirlmere Road |