£175,045
This estimated value is based upon the latest sale price for the house of £102,500 on 2 Jan 2013. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £102,500 | 2 Jan 2013 |
| Terraced |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 January 2013 the House Price Index for WEST MIDLANDS was 87.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.776%.Applying this 70.776% change to the original purchase price of £102,500 results in an estimated price of approximately £175,045.
| 2 Jan 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 149.7 | 70.776 % | £102,500 | £72,545 | £175,045 |
The Postcode Pricing Model uses changes in average sales price within the WV4 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 | 66.782 % | £68,451 | £170,951 |
| 3 Month Average | 85.978 % | £88,127 | £190,627 |
| 6 Month Average | 64.244 % | £65,850 | £168,350 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £200,079 | £195,000 | 3 BECKBURY AVENUE |
| 15 Sep 2023 | £92,029 | £90,000 | 28 STOURTON DRIVE |
| 3 Feb 2023 | £207,385 | £206,000 | 16 STOURTON DRIVE |
| 16 Nov 2022 | £180,158 | £181,000 | 10A WEST GREEN |
| 30 Jun 2022 | £211,521 | £207,000 | 93 WARSTONES DRIVE |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 4 Sep 2012. Using an estimated price of £175,046 means this house is valued at £1,862 per sq meter (£173 per sq foot).
The average size of a house on WARSTONES DRIVE is 85 sq meters (916 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Draycott Close |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Draycott Close |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Draycott Close |
| Jun 2024 | Violence and sexual offences | Awaiting court outcome | On or near Stourton Drive |
| May 2024 | Other crime | Unable to prosecute suspect | On or near Stourton Drive |