£107,513
This estimated value is based upon the latest sale price for the house of £81,000 on 22 Nov 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £81,000 | 22 Nov 2016 |
| £90,000 | 20 Jul 2004 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 856 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 November 2016 the House Price Index for WEST MIDLANDS was 112.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.733%.Applying this 32.733% change to the original purchase price of £81,000 results in an estimated price of approximately £107,513.
| 22 Nov 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 149.7 | 32.733 % | £81,000 | £26,513 | £107,513 |
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 | 81.253 % | £65,815 | £146,815 |
| 3 Month Average | 68.562 % | £55,534 | £136,534 |
| 6 Month Average | 66.069 % | £53,516 | £134,516 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £175,000 | £175,000 | 173 GREAT BRIDGE ROAD |
| 8 Mar 2024 | £121,872 | £120,000 | 171 GREAT BRIDGE ROAD |
| 24 Mar 2023 | £160,175 | £157,500 | 15 ASHTREE GROVE |
| 19 Oct 2022 | £120,099 | £120,500 | 34 HANNAH ROAD |
| 30 Jun 2022 | £245,242 | £240,000 | 15 PENTIRE CLOSE |
This house has a floor area of 79 sq meters or 856 sq feet when measured on 12 Nov 2008. Using an estimated price of £107,514 means this house is valued at £1,350 per sq meter (£125 per sq foot).
The average size of a house on GREAT BRIDGE ROAD is 76 sq meters (826 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near A4098 |
| Aug 2024 | Violence and sexual offences | Offender given a caution | On or near A4098 |
| Aug 2024 | Violence and sexual offences | Offender given a caution | On or near A4098 |
| Jul 2024 | Other crime | Unable to prosecute suspect | On or near Glyn Avenue |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Glyn Drive |