£234,062
This estimated value is based upon the latest sale price for the house of £190,000 on 29 Aug 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £190,000 | 29 Aug 2018 |
| £149,950 | 3 Dec 2009 |
| Semi-Detached |
| Freehold |
| Floor Area: 84 sq meters or 904 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 August 2018 the House Price Index for WEST MIDLANDS was 120.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.191%.Applying this 23.191% change to the original purchase price of £190,000 results in an estimated price of approximately £234,062.
| 29 Aug 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 148.0 | 23.191 % | £190,000 | £44,062 | £234,062 |
The Postcode Pricing Model uses changes in average sales price within the WV4 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 | -4.281 % | £-8,134 | £181,865 |
| 3 Month Average | 3.499 % | £6,647 | £196,647 |
| 6 Month Average | 21.692 % | £41,214 | £231,214 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £254,821 | £250,000 | 54 BUCKINGHAM ROAD |
| 24 Feb 2023 | £179,153 | £180,000 | 20 BIRCHWOOD ROAD |
| 11 Aug 2022 | £293,020 | £295,000 | 1 BALMORAL ROAD |
| 18 Jun 2021 | £391,639 | £366,500 | 10 SANDRINGHAM ROAD |
| 17 Nov 2020 | £305,988 | £265,000 | 10 ASCOT DRIVE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 4 Dec 2021. Using an estimated price of £234,063 means this house is valued at £2,786 per sq meter (£258 per sq foot).
The average size of a house on BUCKINGHAM ROAD is 105 sq meters (1,139 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Birchwood Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Birchwood Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elm Dale Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elm Dale Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elm Dale Road |