£195,053
This estimated value is based upon the latest sale price for the house of £169,950 on 8 Dec 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £169,950 | 8 Dec 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 78 sq meters or 839 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 December 2020 the House Price Index for WEST MIDLANDS was 129.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £169,950 results in an estimated price of approximately £195,053.
| 8 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.6 | 14.771 % | £169,950 | £25,103 | £195,053 |
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 | -8.375 % | £-14,233 | £155,716 |
| 3 Month Average | 15.991 % | £27,177 | £197,127 |
| 6 Month Average | 17.422 % | £29,608 | £199,558 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £256,488 | £252,000 | 6 FLOWERDALE CLOSE |
| 21 Nov 2023 | £208,081 | £205,000 | 106 IVYHOUSE LANE |
| 6 Nov 2023 | £50,751 | £50,000 | 116 IVYHOUSE LANE |
| 26 Sep 2023 | £266,406 | £263,000 | 21 PROVIDENCE ROW |
| 31 Aug 2022 | £159,570 | £160,000 | 100 IVYHOUSE LANE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 24 Jul 2013. Using an estimated price of £195,054 means this house is valued at £2,500 per sq meter (£232 per sq foot).
The average size of a house on IVYHOUSE LANE is 100 sq meters (1,077 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Paget Close |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Paget Close |
| Feb 2024 | Other crime | Unable to prosecute suspect | On or near Paget Close |
| Feb 2024 | Anti-social behaviour | On or near Paget Close | |
| Feb 2024 | Anti-social behaviour | On or near Paget Close |