£287,611
This estimated value is based upon the latest sale price for the house of £288,000 on 29 Jul 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £288,000 | 29 Jul 2022 |
| £225,250 | 14 Dec 2018 |
| £220,000 | 14 Dec 2018 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 785 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 2022 the House Price Index for WEST MIDLANDS was 148.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -0.135%.Applying this -0.135% change to the original purchase price of £288,000 results in an estimated price of approximately £287,611.
| 29 Jul 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 148.0 | -0.135 % | £288,000 | £-388 | £287,611 |
The Postcode Pricing Model uses changes in average sales price within the WV3 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 | -28.727 % | £-82,733 | £205,266 |
| 3 Month Average | -2.761 % | £-7,950 | £280,049 |
| 6 Month Average | -11.727 % | £-33,773 | £254,226 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £178,603 | £178,000 | 24 BROADWAY |
| 21 Aug 2023 | £301,835 | £300,000 | 23 WESTHILL |
| 4 Aug 2023 | £274,167 | £272,500 | 25 WESTHILL |
| 23 Jun 2023 | £373,025 | £370,000 | 26 WESTHILL |
| 20 Feb 2023 | £304,062 | £305,500 | 6 BRIDGNORTH ROAD |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 1 Oct 2018. Using an estimated price of £287,611 means this house is valued at £3,939 per sq meter (£366 per sq foot).
The average size of a house on WESTHILL is 117 sq meters (1,264 sq feet).
This house is the smallest in the street with a floor area of 73 sq meters (785 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Willow Bank |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Finchfield Hill |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Finchfield Hill |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Fox Hollow |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Fox Hollow |