£165,880
This estimated value is based upon the latest sale price for the house of £135,000 on 15 Jan 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£135,000 | 15 Jan 2020 |
£131,000 | 14 Aug 2017 |
£74,000 | 17 Dec 2010 |
Semi-Detached |
Freehold |
Floor Area: 79 sq meters or 850 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 January 2020 the House Price Index for WEST MIDLANDS was 121.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 22.874%.Applying this 22.874% change to the original purchase price of £135,000 results in an estimated price of approximately £165,880.
15 Jan 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.8 | 149.7 | 22.874 % | £135,000 | £30,880 | £165,880 |
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 | 120.215 % | £162,290 | £297,290 |
3 Month Average | 32.347 % | £43,668 | £178,668 |
6 Month Average | 25.298 % | £34,152 | £169,152 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Mar 2024 | £164,528 | £162,000 | 11 CAUSEWAY ROAD |
13 Oct 2023 | £148,370 | £145,000 | 1D WALLBROOK STREET |
29 Sep 2023 | £115,547 | £113,000 | 18 WAGSTAFF CLOSE |
26 Apr 2023 | £173,240 | £170,000 | 17 ROUNDS HILL ROAD |
6 Apr 2023 | £193,622 | £190,000 | 30 BROOKLYN GROVE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 15 May 2017. Using an estimated price of £165,880 means this house is valued at £2,099 per sq meter (£195 per sq foot).
The average size of a house on ROUNDS HILL ROAD is 81 sq meters (876 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Possession of weapons | Unable to prosecute suspect | On or near Douglas Road |
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Causeway Road |
Aug 2024 | Other crime | Unable to prosecute suspect | On or near Rounds Hill Road |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rounds Hill Road |
Jun 2024 | Burglary | Unable to prosecute suspect | On or near Rounds Hill Road |