£224,209
This estimated value is based upon the latest sale price for the house of £160,000 on 30 Oct 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £160,000 | 30 Oct 2015 |
| £154,950 | 19 Apr 2004 |
| £85,950 | 16 Nov 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 88 sq meters or 947 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 October 2015 the House Price Index for WEST MIDLANDS was 105.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 40.131%.Applying this 40.131% change to the original purchase price of £160,000 results in an estimated price of approximately £224,209.
| 30 Oct 2015 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 105.6 | 148.0 | 40.131 % | £160,000 | £64,209 | £224,209 |
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 | -54.712 % | £-87,539 | £72,460 |
| 3 Month Average | 17.963 % | £28,740 | £188,740 |
| 6 Month Average | 9.497 % | £15,195 | £175,195 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Feb 2023 | £390,652 | £392,500 | 6 HANBURY CRESCENT |
| 12 Aug 2022 | £231,436 | £233,000 | 22 LUTLEY CLOSE |
| 21 Apr 2022 | £338,462 | £330,000 | 108 COALWAY ROAD |
| 21 Jan 2022 | £262,040 | £250,000 | 172 WINDSOR AVENUE |
| 10 Dec 2021 | £263,562 | £247,000 | 13 HANBURY CRESCENT |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 28 May 2015. Using an estimated price of £224,209 means this house is valued at £2,547 per sq meter (£236 per sq foot).
The average size of a house on COALWAY ROAD is 118 sq meters (1,278 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other crime | Unable to prosecute suspect | On or near Coalway Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hanbury Crescent |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hanbury Crescent |
| Jan 2024 | Anti-social behaviour | On or near Hanbury Crescent | |
| Jan 2024 | Anti-social behaviour | On or near Hanbury Crescent |