£156,985
This estimated value is based upon the latest sale price for the house of £128,000 on 18 Nov 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £128,000 | 18 Nov 2019 |
| £28,950 | 26 Feb 1999 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 November 2019 the House Price Index for WEST MIDLANDS was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £128,000 results in an estimated price of approximately £156,985.
| 18 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.645 % | £128,000 | £28,985 | £156,985 |
The Postcode Pricing Model uses changes in average sales price within the WS10 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 | 19.059 % | £24,394 | £152,394 |
| 3 Month Average | -13.713 % | £-17,552 | £110,447 |
| 6 Month Average | 31.559 % | £40,395 | £168,395 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £254,452 | £250,000 | 9 SANDWELL AVENUE |
| 4 Aug 2023 | £196,721 | £195,000 | 18 WILEY AVENUE |
| 9 May 2022 | £168,169 | £165,000 | 47 MOXLEY ROAD |
| 9 Mar 2022 | £115,025 | £111,000 | 63 MOXLEY ROAD |
| 23 Jul 2021 | £152,852 | £133,000 | 114 MOXLEY ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 8 Jul 2019. Using an estimated price of £156,985 means this house is valued at £2,093 per sq meter (£194 per sq foot).
The average size of a house on WILEY AVENUE SOUTH is 120 sq meters (1,300 sq feet).
This house is the smallest in the street with a floor area of 75 sq meters (807 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Possession of weapons | Under investigation | On or near Wiley Avenue South |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wiley Avenue South |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Wiley Avenue South |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Moxley Road |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Bradshaw Avenue |