£230,444
This estimated value is based upon the latest sale price for the house of £195,000 on 2 Oct 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £195,000 | 2 Oct 2020 |
| £140,000 | 15 Aug 2017 |
| Detached |
| Freehold |
| Floor Area: 67 sq meters or 721 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 October 2020 the House Price Index for WEST MIDLANDS was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £195,000 results in an estimated price of approximately £230,444.
| 2 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £195,000 | £35,444 | £230,444 |
The Postcode Pricing Model uses changes in average sales price within the WV13 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 | -8.511 % | £-16,595 | £178,404 |
| 3 Month Average | 39.149 % | £76,339 | £271,339 |
| 6 Month Average | 30.437 % | £59,353 | £254,353 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Aug 2024 | £169,000 | £169,000 | 11 MARSHALL ROAD |
| 20 Dec 2023 | £223,879 | £217,000 | 1 MARSHALL ROAD |
| 13 Dec 2023 | £226,974 | £220,000 | 7 ALCESTER DRIVE |
| 3 Nov 2023 | £215,469 | £210,000 | 3 ALCESTER DRIVE |
| 28 Apr 2023 | £119,230 | £117,000 | 4 UPLANDS GROVE |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 8 Feb 2017. Using an estimated price of £230,445 means this house is valued at £3,439 per sq meter (£319 per sq foot).
The average size of a house on MILCOTE DRIVE is 90 sq meters (975 sq feet).
This house is the smallest in the street with a floor area of 67 sq meters (721 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Uplands Grove |
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Uplands Grove |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Uplands Grove |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Marshall Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Marshall Road |