£133,681
This estimated value is based upon the latest sale price for the house of £70,000 on 3 Sep 2004. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £70,000 | 3 Sep 2004 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 936 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 September 2004 the House Price Index for WEST MIDLANDS was 77.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 90.974%.Applying this 90.974% change to the original purchase price of £70,000 results in an estimated price of approximately £133,681.
| 3 Sep 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 77.8 | 148.6 | 90.974 % | £70,000 | £63,681 | £133,681 |
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 | 148.345 % | £103,841 | £173,841 |
| 3 Month Average | 104.960 % | £73,471 | £143,471 |
| 6 Month Average | 113.385 % | £79,369 | £149,369 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Aug 2023 | £146,280 | £145,000 | 12 HAWTHORNE ROAD |
| 13 Apr 2023 | £161,742 | £160,000 | 389 DUDLEY ROAD |
| 21 Jan 2022 | £136,813 | £130,000 | 39 HAWTHORNE ROAD |
| 20 Dec 2021 | £137,136 | £128,000 | 51 ARTHUR STREET |
| 22 Nov 2021 | £97,336 | £90,000 | 214 DUDLEY ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 3 Oct 2012. Using an estimated price of £133,682 means this house is valued at £1,536 per sq meter (£142 per sq foot).
The average size of a house on DUDLEY ROAD is 88 sq meters (953 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Phoenix Street |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Phoenix Street |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Phoenix Street |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Knox Road |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Knox Road |