£118,660
This estimated value is based upon the latest sale price for the house of £94,000 on 11 Sep 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £94,000 | 11 Sep 2017 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 731 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 2017 the House Price Index for WEST MIDLANDS was 117.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 26.235%.Applying this 26.235% change to the original purchase price of £94,000 results in an estimated price of approximately £118,660.
| 11 Sep 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 148.0 | 26.235 % | £94,000 | £24,660 | £118,660 |
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 | 31.119 % | £29,251 | £123,251 |
| 3 Month Average | 33.783 % | £31,755 | £125,755 |
| 6 Month Average | 29.866 % | £28,074 | £122,074 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Jun 2023 | £128,038 | £127,000 | 33 MAXWELL ROAD |
| 21 Apr 2023 | £101,001 | £100,250 | 46 MAXWELL ROAD |
| 20 Mar 2023 | £140,258 | £139,500 | 33 BOWDLER ROAD |
| 25 Nov 2022 | £98,404 | £100,000 | 19 MAXWELL ROAD |
| 23 Aug 2022 | £114,228 | £115,000 | 97 ALL SAINTS ROAD |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 19 Aug 2017. Using an estimated price of £118,661 means this house is valued at £1,745 per sq meter (£162 per sq foot).
The average size of a house on BOWDLER ROAD is 76 sq meters (824 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Bowdler Road |
| Mar 2024 | Anti-social behaviour | On or near Christopher Road | |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Christopher Road |
| Mar 2024 | Anti-social behaviour | On or near Christopher Road | |
| Mar 2024 | Other crime | Unable to prosecute suspect | On or near Christopher Road |