£282,450
This estimated value is based upon the latest sale price for the house of £153,000 on 30 Jun 2005. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£153,000 | 30 Jun 2005 |
£132,000 | 3 Apr 2003 |
Detached |
Freehold |
Floor Area: 106 sq meters or 1,140 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 June 2005 the House Price Index for WEST MIDLANDS was 80.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 84.608%.Applying this 84.608% change to the original purchase price of £153,000 results in an estimated price of approximately £282,450.
30 Jun 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
80.5 | 148.6 | 84.608 % | £153,000 | £129,450 | £282,450 |
The Postcode Pricing Model uses changes in average sales price within the WV11 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 | 86.317 % | £132,064 | £285,064 |
3 Month Average | 51.762 % | £79,195 | £232,195 |
6 Month Average | 83.681 % | £128,032 | £281,032 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Jun 2023 | £94,646 | £93,500 | 140 RIDGE LANE |
21 Apr 2023 | £237,558 | £235,000 | 203 WOOD END ROAD |
17 Apr 2023 | £281,026 | £278,000 | 184 WOOD END ROAD |
16 Mar 2023 | £272,568 | £270,000 | 28 MOATHOUSE LANE WEST |
17 Aug 2022 | £185,501 | £186,000 | 197 WOOD END ROAD |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 7 Dec 2015. Using an estimated price of £282,451 means this house is valued at £2,664 per sq meter (£247 per sq foot).
The average size of a house on WOOD END ROAD is 90 sq meters (973 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Public order | Under investigation | On or near Moathouse Lane West |
Mar 2024 | Anti-social behaviour | On or near Moathouse Lane West | |
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Moathouse Lane West |
Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Moathouse Lane West |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Moathouse Lane West |