£230,934
This estimated value is based upon the latest sale price for the house of £200,000 on 27 Nov 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £200,000 | 27 Nov 2020 |
| Terraced |
| Freehold |
| Floor Area: 114 sq meters or 1,227 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 2020 the House Price Index for WEST MIDLANDS was 128.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 15.467%.Applying this 15.467% change to the original purchase price of £200,000 results in an estimated price of approximately £230,934.
| 27 Nov 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.0 | 15.467 % | £200,000 | £30,934 | £230,934 |
The Postcode Pricing Model uses changes in average sales price within the WV3 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 | -55.019 % | £-110,037 | £89,962 |
| 3 Month Average | 3.666 % | £7,331 | £207,331 |
| 6 Month Average | -3.322 % | £-6,643 | £193,356 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Mar 2024 | £179,607 | £179,000 | FLAT 1 44 COMPTON ROAD |
| 4 Jul 2023 | £267,531 | £265,000 | 25 COMPTON ROAD |
| 9 Jun 2023 | £151,226 | £150,000 | 51 CHAPEL ASH |
| 14 Apr 2023 | £84,125 | £83,500 | FLAT 5 WEST PARK COURT CONNAUGHT ROAD |
| 31 Mar 2023 | £134,728 | £134,000 | 56 COMPTON ROAD |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 17 Jun 2020. Using an estimated price of £230,934 means this house is valued at £2,025 per sq meter (£188 per sq foot).
The average size of a house on COMPTON ROAD is 94 sq meters (1,018 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Oaks Drive |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Oaks Drive |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oaks Drive |
| Apr 2024 | Anti-social behaviour | On or near Oaks Drive | |
| Apr 2024 | Anti-social behaviour | On or near Oaks Drive |