£318,399
This estimated value is based upon the latest sale price for the house of £305,000 on 25 Mar 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £305,000 | 25 Mar 2022 |
| £68,950 | 28 Jun 1996 |
| Detached |
| Freehold |
| Floor Area: 125 sq meters or 1,345 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 March 2022 the House Price Index for WEST MIDLANDS was 143.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 4.393%.Applying this 4.393% change to the original purchase price of £305,000 results in an estimated price of approximately £318,399.
| 25 Mar 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 149.7 | 4.393 % | £305,000 | £13,399 | £318,399 |
The Postcode Pricing Model uses changes in average sales price within the WV12 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 | 77.912 % | £237,630 | £542,630 |
| 3 Month Average | 26.652 % | £81,287 | £386,287 |
| 6 Month Average | 6.422 % | £19,585 | £324,585 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Dec 2023 | £211,499 | £205,000 | 10 ROSEWOOD DRIVE |
| 18 Dec 2023 | £299,194 | £290,000 | 12 MILESTONE WAY |
| 15 Dec 2023 | £216,657 | £210,000 | 14 NEVIS GROVE |
| 29 Jun 2023 | £260,215 | £255,000 | 7 NEVIS GROVE |
| 6 Apr 2023 | £234,384 | £230,000 | 75 COPPICE FARM WAY |
This house has a floor area of 125 sq meters or 1,345 sq feet when measured on 21 May 2012. Using an estimated price of £318,400 means this house is valued at £2,547 per sq meter (£236 per sq foot).
The average size of a house on MILESTONE WAY is 99 sq meters (1,072 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rosewood Drive |
| Oct 2024 | Other theft | Under investigation | On or near Snowdon Way |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sandalwood Close |
| Jul 2024 | Anti-social behaviour | On or near Essington Road | |
| Jul 2024 | Anti-social behaviour | On or near Essington Road |