£291,879
This estimated value is based upon the latest sale price for the house of £255,000 on 29 Jul 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £255,000 | 29 Jul 2021 |
| Semi-Detached |
| Freehold |
| Floor Area: 105 sq meters or 1,130 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 July 2021 the House Price Index for WEST MIDLANDS was 129.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 14.462%.Applying this 14.462% change to the original purchase price of £255,000 results in an estimated price of approximately £291,879.
| 29 Jul 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.3 | 148.0 | 14.462 % | £255,000 | £36,879 | £291,879 |
The Postcode Pricing Model uses changes in average sales price within the B68 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 | -7.070 % | £-18,029 | £236,970 |
| 3 Month Average | 8.417 % | £21,462 | £276,462 |
| 6 Month Average | 8.757 % | £22,330 | £277,330 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Mar 2023 | £286,549 | £285,000 | 49 CASTLE ROAD WEST |
| 23 Sep 2022 | £237,116 | £240,000 | 29 WHEATLEY ROAD |
| 3 Aug 2022 | £225,477 | £227,000 | 33 WHEATLEY ROAD |
| 22 Jul 2022 | £257,652 | £258,000 | 153 WOLVERHAMPTON ROAD |
| 17 May 2022 | £3,553 | £3,500 | 57 WHEATLEY ROAD |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 2 Sep 2020. Using an estimated price of £291,879 means this house is valued at £2,779 per sq meter (£258 per sq foot).
The average size of a house on WOLVERHAMPTON ROAD is 104 sq meters (1,120 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Albert Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Albert Road |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Albert Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Albert Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wheatley Road |