£183,242
This estimated value is based upon the latest sale price for the house of £110,000 on 9 Aug 2013. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £110,000 | 9 Aug 2013 |
| Terraced |
| Freehold |
| Floor Area: 106 sq meters or 1,140 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 August 2013 the House Price Index for WEST MIDLANDS was 89.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 66.584%.Applying this 66.584% change to the original purchase price of £110,000 results in an estimated price of approximately £183,242.
| 9 Aug 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.9 | 149.7 | 66.584 % | £110,000 | £73,242 | £183,242 |
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 | 148.371 % | £163,208 | £273,208 |
| 3 Month Average | 47.000 % | £51,699 | £161,699 |
| 6 Month Average | 53.428 % | £58,771 | £168,771 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Apr 2024 | £186,621 | £185,000 | 15 NEW STREET |
| 8 Mar 2024 | £258,979 | £255,000 | 29 TRYSULL GARDENS |
| 8 Mar 2024 | £187,887 | £185,000 | 48 TELFORD GARDENS |
| 21 Sep 2023 | £189,170 | £185,000 | 11 TELFORD GARDENS |
| 5 Sep 2023 | £184,057 | £180,000 | 19 NEW STREET |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 24 Nov 2014. Using an estimated price of £183,243 means this house is valued at £1,728 per sq meter (£160 per sq foot).
The average size of a house on COALWAY ROAD is 118 sq meters (1,278 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Chadwick Close | |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chadwick Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chadwick Close |
| Jun 2024 | Other theft | Unable to prosecute suspect | On or near Chadwick Close |
| Jun 2024 | Anti-social behaviour | On or near Chadwick Close |