£211,531
This estimated value is based upon the latest sale price for the house of £125,000 on 12 Nov 2012. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £125,000 | 12 Nov 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 2012 the House Price Index for WEST MIDLANDS was 87.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.226%.Applying this 69.226% change to the original purchase price of £125,000 results in an estimated price of approximately £211,531.
| 12 Nov 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.8 | 148.6 | 69.226 % | £125,000 | £86,531 | £211,531 |
The Postcode Pricing Model uses changes in average sales price within the WV4 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 | 39.544 % | £49,429 | £174,429 |
| 3 Month Average | 60.149 % | £75,185 | £200,185 |
| 6 Month Average | 58.314 % | £72,892 | £197,892 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £232,979 | £230,000 | 416 WOLVERHAMPTON ROAD EAST |
| 7 Jul 2023 | £208,810 | £206,000 | 404 WOLVERHAMPTON ROAD EAST |
| 30 Jun 2023 | £234,845 | £232,000 | 42 FIELDHOUSE ROAD |
| 28 Apr 2023 | £232,503 | £230,000 | 6 SHERRANS DELL |
| 22 Mar 2023 | £282,663 | £280,000 | 37 DOVEDALE ROAD |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 20 Jun 2012. Using an estimated price of £211,532 means this house is valued at £2,548 per sq meter (£236 per sq foot).
The average size of a house on DOVEDALE ROAD is 76 sq meters (818 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Sherrans Dell |
| Mar 2024 | Anti-social behaviour | On or near Tern Close | |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Fieldhouse Road |
| Mar 2024 | Other theft | Under investigation | On or near Rodway Close |
| Mar 2024 | Other theft | Under investigation | On or near Rodway Close |