£185,145
This estimated value is based upon the latest sale price for the house of £101,000 on 3 Aug 2005. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £101,000 | 3 Aug 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 75 sq meters or 807 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 2005 the House Price Index for WEST MIDLANDS was 81.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 83.313%.Applying this 83.313% change to the original purchase price of £101,000 results in an estimated price of approximately £185,145.
| 3 Aug 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.1 | 148.6 | 83.313 % | £101,000 | £84,145 | £185,145 |
The Postcode Pricing Model uses changes in average sales price within the B67 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 | 88.580 % | £89,465 | £190,465 |
| 3 Month Average | 47.423 % | £47,896 | £148,896 |
| 6 Month Average | 63.048 % | £63,678 | £164,678 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Sep 2023 | £217,785 | £215,000 | 16 DAVISON ROAD |
| 23 Aug 2023 | £161,412 | £160,000 | 70 STANHOPE ROAD |
| 27 Jan 2023 | £199,062 | £200,000 | 33 VALLEY ROAD |
| 2 Sep 2022 | £203,358 | £205,000 | 51 VALLEY ROAD |
| 12 Jul 2022 | £185,499 | £185,000 | 18 DAVISON ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 26 Sep 2012. Using an estimated price of £185,146 means this house is valued at £2,468 per sq meter (£229 per sq foot).
The average size of a house on VALLEY ROAD is 78 sq meters (839 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Dorothy Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dorothy Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Valley Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Valley Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Valley Road |