£156,259
This estimated value is based upon the latest sale price for the house of £117,000 on 24 Jun 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £117,000 | 24 Jun 2016 |
| £57,000 | 21 Nov 2013 |
| Terraced |
| Freehold |
| Floor Area: 112 sq meters or 1,205 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 June 2016 the House Price Index for WEST MIDLANDS was 111.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.555%.Applying this 33.555% change to the original purchase price of £117,000 results in an estimated price of approximately £156,259.
| 24 Jun 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 148.6 | 33.555 % | £117,000 | £39,259 | £156,259 |
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 | 125.553 % | £146,896 | £263,896 |
| 3 Month Average | 47.763 % | £55,882 | £172,882 |
| 6 Month Average | 42.621 % | £49,866 | £166,866 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £144,529 | £142,000 | 100 VICARAGE ROAD |
| 14 Jun 2022 | £164,322 | £162,000 | ALL SAINTS VICARAGE, 2A VICARAGE ROAD |
| 9 Feb 2022 | £157,304 | £150,000 | 52 VICARAGE ROAD |
| 29 Oct 2021 | £88,518 | £80,000 | 78 RABY STREET |
| 6 Nov 2020 | £185,497 | £160,000 | 24 VICARAGE ROAD |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 24 Jan 2015. Using an estimated price of £156,259 means this house is valued at £1,395 per sq meter (£129 per sq foot).
The average size of a house on VICARAGE ROAD is 85 sq meters (923 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Mike Swain Drive |
| Feb 2024 | Drugs | Unable to prosecute suspect | On or near Bus/Coach Station |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Bus/Coach Station |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bus/Coach Station |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bus/Coach Station |