£204,862
This estimated value is based upon the latest sale price for the house of £205,000 on 23 Feb 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £205,000 | 23 Feb 2023 |
| £160,000 | 6 Feb 2019 |
| £110,000 | 31 Aug 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 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 February 2023 the House Price Index for WEST MIDLANDS was 148.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.067%.Applying this -0.067% change to the original purchase price of £205,000 results in an estimated price of approximately £204,862.
| 23 Feb 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.7 | 148.6 | -0.067 % | £205,000 | £-137 | £204,862 |
The Postcode Pricing Model uses changes in average sales price within the WV10 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 | 59.461 % | £121,894 | £326,894 |
| 3 Month Average | -13.161 % | £-26,979 | £178,020 |
| 6 Month Average | -8.624 % | £-17,679 | £187,320 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £167,938 | £165,000 | 4 FAIRFAX ROAD |
| 14 Jul 2023 | £192,592 | £190,000 | 86 SCHOOL LANE |
| 5 Jun 2023 | £72,883 | £72,000 | 2 IRETON ROAD |
| 9 Mar 2023 | £148,398 | £147,000 | 81 SCHOOL LANE |
| 23 Feb 2023 | £204,862 | £205,000 | 2 FAIRFAX ROAD |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 11 Jul 2017. Using an estimated price of £204,862 means this house is valued at £2,410 per sq meter (£223 per sq foot).
The average size of a house on FAIRFAX ROAD is 91 sq meters (985 sq feet).
This house is the largest in the street with a floor area of 85 sq meters (914 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Bentley Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bentley Road |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Northwood Park Close |
| Apr 2024 | Other theft | Under investigation | On or near Elmcroft Gardens |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Elmcroft Gardens |