£129,124
This estimated value is based upon the latest sale price for the house of £106,000 on 31 Jul 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£106,000 | 31 Jul 2020 |
Terraced |
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 July 2020 the House Price Index for WEST MIDLANDS was 122.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.815%.Applying this 21.815% change to the original purchase price of £106,000 results in an estimated price of approximately £129,124.
31 Jul 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.9 | 149.7 | 21.815 % | £106,000 | £23,124 | £129,124 |
The Postcode Pricing Model uses changes in average sales price within the WV14 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 | 143.528 % | £152,139 | £258,139 |
3 Month Average | 74.009 % | £78,449 | £184,449 |
6 Month Average | 41.942 % | £44,458 | £150,458 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £242,450 | £235,000 | 14 CHURCH GREEN |
2 Jun 2023 | £183,681 | £180,000 | 5 PARK MEADOW AVENUE |
6 Jan 2023 | £157,922 | £157,500 | 19A PARK MEADOW AVENUE |
24 Oct 2022 | £194,351 | £195,000 | 21 CHERRYWOOD GREEN |
15 Jul 2022 | £171,721 | £170,000 | 23 PARKVIEW ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 24 Sep 2019. Using an estimated price of £129,124 means this house is valued at £1,467 per sq meter (£136 per sq foot).
The average size of a house on CHURCH GREEN is 81 sq meters (874 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Violence and sexual offences | Under investigation | On or near Cherrywood Green |
Oct 2024 | Burglary | Under investigation | On or near Emerald Close |
Sep 2024 | Drugs | Under investigation | On or near Emerald Close |
Sep 2024 | Possession of weapons | Unable to prosecute suspect | On or near Emerald Close |
Sep 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Emerald Close |