£97,931
This estimated value is based upon the latest sale price for the house of £75,000 on 10 Mar 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£75,000 | 10 Mar 2017 |
£91,950 | 31 Jul 2003 |
Flats/Maisonettes |
Leasehold |
Floor Area: 59 sq meters or 638 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 2017 the House Price Index for WEST MIDLANDS was 114.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.575%.Applying this 30.575% change to the original purchase price of £75,000 results in an estimated price of approximately £97,931.
10 Mar 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
114.6 | 149.7 | 30.575 % | £75,000 | £22,931 | £97,931 |
The Postcode Pricing Model uses changes in average sales price within the WV1 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 | 139.965 % | £104,973 | £179,973 |
3 Month Average | 74.098 % | £55,573 | £130,573 |
6 Month Average | 23.256 % | £17,442 | £92,442 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Nov 2023 | £212,391 | £207,000 | 153 DEANS ROAD |
22 Sep 2023 | £97,141 | £95,000 | 357B WILLENHALL ROAD |
22 Sep 2023 | £121,682 | £119,000 | 355A WILLENHALL ROAD |
28 Feb 2023 | £281,883 | £280,000 | 369 WILLENHALL ROAD |
4 Oct 2022 | £74,750 | £75,000 | 130 ESSINGTON WAY |
This house has a floor area of 59 sq meters or 638 sq feet when measured on 20 Jul 2010. Using an estimated price of £97,932 means this house is valued at £1,649 per sq meter (£153 per sq foot).
The average size of a house on ESSINGTON WAY is 77 sq meters (831 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Tyburn Road |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tyburn Road |
Jul 2024 | Public order | Unable to prosecute suspect | On or near Tyburn Road |
Jul 2024 | Drugs | Under investigation | On or near Tyburn Road |
Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Tyburn Road |