£173,554
This estimated value is based upon the latest sale price for the house of £140,000 on 5 Aug 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£140,000 | 5 Aug 2019 |
£102,000 | 28 Nov 2008 |
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 August 2019 the House Price Index for WEST MIDLANDS was 120.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.967%.Applying this 23.967% change to the original purchase price of £140,000 results in an estimated price of approximately £173,554.
5 Aug 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.8 | 149.7 | 23.967 % | £140,000 | £33,554 | £173,554 |
The Postcode Pricing Model uses changes in average sales price within the WS2 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 | -5.299 % | £-7,418 | £132,581 |
3 Month Average | 20.468 % | £28,655 | £168,655 |
6 Month Average | 32.197 % | £45,076 | £185,076 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Dec 2023 | £180,548 | £175,000 | 122 WILKES AVENUE |
8 Nov 2023 | £251,381 | £245,000 | 140 WILKES AVENUE |
8 Jul 2022 | £171,721 | £170,000 | 20 MOUNTBATTEN ROAD |
5 Apr 2022 | £172,731 | £166,500 | 58 WILKES AVENUE |
10 Mar 2022 | £234,885 | £225,000 | 90 WOLVERHAMPTON ROAD WEST |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 3 Apr 2019. Using an estimated price of £173,554 means this house is valued at £2,196 per sq meter (£204 per sq foot).
The average size of a house on MOUNTBATTEN ROAD is 95 sq meters (1,031 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Alexander Road |
Jul 2024 | Criminal damage and arson | Under investigation | On or near Wilkes Avenue |
Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wilkes Avenue |
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wilkes Avenue |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Wilkes Avenue |