£142,049
This estimated value is based upon the latest sale price for the house of £30,000 on 3 Apr 1998. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £30,000 | 3 Apr 1998 |
| Terraced |
| Freehold |
| Floor Area: 72 sq meters or 775 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 April 1998 the House Price Index for WEST MIDLANDS was 31.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 373.497%.Applying this 373.497% change to the original purchase price of £30,000 results in an estimated price of approximately £142,049.
| 3 Apr 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.4 | 148.6 | 373.497 % | £30,000 | £112,049 | £142,049 |
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 | 453.047 % | £135,914 | £165,914 |
| 3 Month Average | 294.330 % | £88,298 | £118,298 |
| 6 Month Average | 283.598 % | £85,079 | £115,079 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Sep 2023 | £572,318 | £565,000 | 18 MIDHURST GROVE |
| 7 Sep 2023 | £339,339 | £335,000 | 60 REGIS ROAD |
| 23 Aug 2023 | £249,180 | £247,000 | 10 MANCROFT ROAD |
| 30 Jun 2023 | £149,815 | £148,000 | 10 REGIS BEECHES |
| 31 Jan 2023 | £169,203 | £170,000 | 35 CORNWALL ROAD |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 8 Oct 2019. Using an estimated price of £142,049 means this house is valued at £1,972 per sq meter (£183 per sq foot).
The average size of a house on REGIS ROAD is 95 sq meters (1,028 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Robbery | Under investigation | On or near Regis Road |
| Mar 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Froyle Close |
| Jan 2024 | Possession of weapons | Unable to prosecute suspect | On or near Froyle Close |
| Jan 2024 | Anti-social behaviour | On or near Froyle Close | |
| Jan 2024 | Anti-social behaviour | On or near Froyle Close |