£306,994
This estimated value is based upon the latest sale price for the house of £164,950 on 9 Apr 2009. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £164,950 | 9 Apr 2009 |
| £107,000 | 10 Jan 2003 |
| Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,004 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 April 2009 the House Price Index for WEST MIDLANDS was 79.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 86.114%.Applying this 86.114% change to the original purchase price of £164,950 results in an estimated price of approximately £306,994.
| 9 Apr 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.8 | 148.6 | 86.114 % | £164,950 | £142,044 | £306,994 |
The Postcode Pricing Model uses changes in average sales price within the WV6 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 | 119.431 % | £197,001 | £361,951 |
| 3 Month Average | 71.657 % | £118,197 | £283,147 |
| 6 Month Average | 64.939 % | £107,117 | £272,067 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jun 2023 | £435,273 | £430,000 | 10 WOODCOTE ROAD |
| 28 Feb 2023 | £94,936 | £95,000 | 102 CORNWALL ROAD |
| 26 Jul 2022 | £365,985 | £365,000 | 16 DOVECOTE CLOSE |
| 22 Jun 2022 | £188,666 | £186,000 | 144 CORNWALL ROAD |
| 8 Apr 2022 | £394,413 | £383,000 | 5 WOODCOTE ROAD |
This house has a floor area of 93 sq meters or 1,004 sq feet when measured on 13 Feb 2009. Using an estimated price of £306,994 means this house is valued at £3,291 per sq meter (£305 per sq foot).
The average size of a house on CORNWALL ROAD is 76 sq meters (826 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dovecote Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Dovecote Close |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Dovecote Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cornwall Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cornwall Road |