£193,509
This estimated value is based upon the latest sale price for the house of £157,000 on 11 Feb 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £157,000 | 11 Feb 2020 |
| £59,995 | 22 Oct 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 February 2020 the House Price Index for WEST MIDLANDS was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £157,000 results in an estimated price of approximately £193,509.
| 11 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.255 % | £157,000 | £36,509 | £193,509 |
The Postcode Pricing Model uses changes in average sales price within the WV10 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 | -7.005 % | £-10,997 | £146,002 |
| 3 Month Average | 25.213 % | £39,584 | £196,584 |
| 6 Month Average | 20.365 % | £31,972 | £188,972 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £269,951 | £264,000 | 9 KERRIDGE CLOSE |
| 2 Jun 2023 | £356,137 | £349,000 | 5 CLEWLEY DRIVE |
| 10 Feb 2023 | £307,051 | £305,000 | 14 WATERSIDE WAY |
| 28 Oct 2022 | £89,700 | £90,000 | 2A WITNEY GROVE |
| 26 Sep 2022 | £299,800 | £300,000 | 10 KERRIDGE CLOSE |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 10 Jul 2018. Using an estimated price of £193,510 means this house is valued at £2,058 per sq meter (£191 per sq foot).
The average size of a house on WATSON ROAD is 106 sq meters (1,149 sq feet).
This house is the largest in the street with a floor area of 94 sq meters (1,011 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Under investigation | On or near Watson Road |
| Sep 2024 | Violence and sexual offences | Awaiting court outcome | On or near Watson Road |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Watson Road |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Wragby Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Northover Close |