£196,915
This estimated value is based upon the latest sale price for the house of £194,000 on 23 Nov 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £194,000 | 23 Nov 2023 |
| £131,000 | 5 Oct 2023 |
| £126,000 | 4 Oct 2017 |
| £77,000 | 20 Dec 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 110 sq meters or 1,184 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 2023 the House Price Index for WEST MIDLANDS was 146.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.503%.Applying this 1.503% change to the original purchase price of £194,000 results in an estimated price of approximately £196,915.
| 23 Nov 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 148.6 | 1.503 % | £194,000 | £2,915 | £196,915 |
The Postcode Pricing Model uses changes in average sales price within the WV2 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 | 199.202 % | £386,452 | £580,452 |
| 3 Month Average | 1.240 % | £2,404 | £196,404 |
| 6 Month Average | -12.646 % | £-24,533 | £169,466 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £196,915 | £194,000 | 2 WILLCOCK ROAD |
| 14 Jun 2023 | £182,005 | £179,800 | 1 WILLCOCK ROAD |
| 1 Jun 2023 | £135,137 | £133,500 | 140 DIXON STREET |
| 27 Apr 2023 | £135,459 | £134,000 | 128 DIXON STREET |
| 13 Sep 2022 | £114,079 | £115,000 | 50 MYATT AVENUE |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 12 Mar 2014. Using an estimated price of £196,915 means this house is valued at £1,790 per sq meter (£166 per sq foot).
The average size of a house on WILLCOCK ROAD is 86 sq meters (932 sq feet).
This house is the largest in the street with a floor area of 110 sq meters (1,184 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Beech Tree Road |
| Jan 2024 | Anti-social behaviour | On or near Beech Tree Road | |
| Jan 2024 | Anti-social behaviour | On or near Beech Tree Road | |
| Jan 2024 | Anti-social behaviour | On or near Beech Tree Road | |
| Jan 2024 | Anti-social behaviour | On or near Beech Tree Road |