£234,624
This estimated value is based upon the latest sale price for the house of £190,000 on 10 Sep 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £190,000 | 10 Sep 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 88 sq meters or 947 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 2018 the House Price Index for WEST MIDLANDS was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.487%.Applying this 23.487% change to the original purchase price of £190,000 results in an estimated price of approximately £234,624.
| 10 Sep 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.487 % | £190,000 | £44,624 | £234,624 |
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 | 73.990 % | £140,581 | £330,581 |
| 3 Month Average | 12.272 % | £23,316 | £213,316 |
| 6 Month Average | 13.657 % | £25,948 | £215,948 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £356,233 | £350,000 | 192 COALWAY ROAD |
| 29 Sep 2023 | £248,173 | £245,000 | 18 HILARY DRIVE |
| 19 Jul 2023 | £238,206 | £235,000 | 6 HILARY DRIVE |
| 10 Mar 2023 | £254,397 | £252,000 | 2 LAUREL GROVE |
| 10 Aug 2022 | £277,254 | £278,000 | 202 COALWAY ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 26 Feb 2018. Using an estimated price of £234,624 means this house is valued at £2,666 per sq meter (£247 per sq foot).
The average size of a house on COALWAY ROAD is 118 sq meters (1,278 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Laurel Grove |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Laurel Grove |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Laurel Grove |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Laurel Grove |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Laurel Grove |