£234,495
This estimated value is based upon the latest sale price for the house of £50,000 on 30 Sep 1998. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £50,000 | 30 Sep 1998 |
| Terraced |
| Freehold |
| Floor Area: 117 sq meters or 1,259 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 September 1998 the House Price Index for WEST MIDLANDS was 31.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 368.991%.Applying this 368.991% change to the original purchase price of £50,000 results in an estimated price of approximately £234,495.
| 30 Sep 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.9 | 149.7 | 368.991 % | £50,000 | £184,495 | £234,495 |
The Postcode Pricing Model uses changes in average sales price within the WV12 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 | 243.599 % | £121,799 | £171,799 |
| 3 Month Average | 253.743 % | £126,871 | £176,871 |
| 6 Month Average | 237.551 % | £118,775 | £168,775 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Oct 2024 | £375,000 | £375,000 | 175 SNEYD LANE |
| 3 May 2024 | £232,500 | £232,500 | 283 LICHFIELD ROAD |
| 22 Sep 2023 | £209,621 | £205,000 | 3 GRIFFITHS ROAD |
| 18 Aug 2023 | £178,214 | £175,000 | 271 LICHFIELD ROAD |
| 24 Feb 2023 | £261,748 | £260,000 | 63 HEATH ROAD |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 18 Jul 2014. Using an estimated price of £234,495 means this house is valued at £2,004 per sq meter (£186 per sq foot).
The average size of a house on FLETCHER ROAD is 101 sq meters (1,088 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Fletcher Road | |
| Aug 2024 | Anti-social behaviour | On or near Fletcher Road | |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Griffiths Road |
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Griffiths Road |
| Sep 2024 | Anti-social behaviour | On or near Griffiths Road |