£119,677
This estimated value is based upon the latest sale price for the house of £116,000 on 19 Dec 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £116,000 | 19 Dec 2023 |
| £85,000 | 19 Aug 2019 |
| £76,500 | 15 Oct 2004 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 710 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 December 2023 the House Price Index for WEST MIDLANDS was 145.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.170%.Applying this 3.170% change to the original purchase price of £116,000 results in an estimated price of approximately £119,677.
| 19 Dec 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.1 | 149.7 | 3.170 % | £116,000 | £3,677 | £119,677 |
The Postcode Pricing Model uses changes in average sales price within the WV10 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 | 16.547 % | £19,194 | £135,194 |
| 3 Month Average | 14.600 % | £16,935 | £132,935 |
| 6 Month Average | 0.845 % | £979 | £116,979 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 May 2024 | £160,000 | £160,000 | 318 WOLVERHAMPTON ROAD |
| 12 Apr 2024 | £110,964 | £110,000 | 160 PRESTWOOD ROAD |
| 19 Dec 2023 | £119,677 | £116,000 | 23 CORONATION ROAD |
| 3 Nov 2023 | £205,209 | £200,000 | 5 HAZELWOOD DRIVE |
| 4 Oct 2023 | £135,068 | £132,000 | 174 PRESTWOOD ROAD |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 2 Jan 2014. Using an estimated price of £119,677 means this house is valued at £1,813 per sq meter (£168 per sq foot).
The average size of a house on CORONATION ROAD is 78 sq meters (847 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Coronation Road |
| Jul 2024 | Other theft | Unable to prosecute suspect | On or near Coronation Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Ryton Close |
| Oct 2024 | Anti-social behaviour | On or near Ryton Close | |
| Oct 2024 | Shoplifting | Under investigation | On or near Ryton Close |