£85,336
This estimated value is based upon the latest sale price for the house of £24,000 on 1 Feb 2001. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £24,000 | 1 Feb 2001 |
| Terraced |
| Leasehold |
| Floor Area: 53 sq meters or 570 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 2001 the House Price Index for WEST MIDLANDS was 42.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 255.570%.Applying this 255.570% change to the original purchase price of £24,000 results in an estimated price of approximately £85,336.
| 1 Feb 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 42.1 | 149.7 | 255.570 % | £24,000 | £61,336 | £85,336 |
The Postcode Pricing Model uses changes in average sales price within the WS5 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 | 456.005 % | £109,441 | £133,441 |
| 3 Month Average | 174.055 % | £41,773 | £65,773 |
| 6 Month Average | 240.105 % | £57,625 | £81,625 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Sep 2023 | £214,734 | £210,000 | 235 WOODRUFF WAY |
| 6 Apr 2022 | £217,859 | £210,000 | 243 WOODRUFF WAY |
| 1 Apr 2022 | £165,988 | £160,000 | 205 WOODRUFF WAY |
| 4 Feb 2022 | £180,654 | £171,000 | 225 WOODRUFF WAY |
| 30 Sep 2021 | £206,258 | £190,000 | 44 MISTLETOE DRIVE |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 18 Feb 2020. Using an estimated price of £85,337 means this house is valued at £1,610 per sq meter (£149 per sq foot).
The average size of a house on WOODRUFF WAY is 87 sq meters (940 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Mistletoe Drive |
| Jul 2024 | Robbery | Under investigation | On or near Pennyroyal Close |
| Jul 2024 | Anti-social behaviour | On or near Barrington Close | |
| Jul 2024 | Anti-social behaviour | On or near Barrington Close | |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Barrington Close |