£284,724
This estimated value is based upon the latest sale price for the house of £219,000 on 17 Feb 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £219,000 | 17 Feb 2017 |
| £165,000 | 3 Jun 2013 |
| £194,000 | 4 Jun 2007 |
| Detached |
| Freehold |
| Floor Area: 99 sq meters or 1,065 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 February 2017 the House Price Index for WEST MIDLANDS was 114.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.011%.Applying this 30.011% change to the original purchase price of £219,000 results in an estimated price of approximately £284,724.
| 17 Feb 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.3 | 148.6 | 30.011 % | £219,000 | £65,724 | £284,724 |
The Postcode Pricing Model uses changes in average sales price within the WV6 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 | 57.473 % | £125,866 | £344,866 |
| 3 Month Average | 37.055 % | £81,149 | £300,149 |
| 6 Month Average | 43.403 % | £95,053 | £314,053 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Mar 2023 | £298,815 | £296,000 | 30 HIGH MEADOWS |
| 20 Feb 2023 | £305,295 | £305,500 | 6 BRIDGNORTH ROAD |
| 7 Oct 2022 | £321,538 | £325,000 | FLAT 5 THE BOATYARD, 8 BRIDGNORTH ROAD |
| 1 Sep 2022 | £510,874 | £515,000 | 12 HIGH MEADOWS |
| 16 May 2022 | £290,473 | £285,000 | 23 HIGH MEADOWS |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 25 Apr 2015. Using an estimated price of £284,724 means this house is valued at £2,876 per sq meter (£267 per sq foot).
The average size of a house on HENWOOD ROAD is 99 sq meters (1,074 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near High Meadows |
| Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Sandy Hollow |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sandy Hollow |
| Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Sandy Hollow |
| Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Sandy Hollow |