£457,492
This estimated value is based upon the latest sale price for the house of £375,000 on 5 Jun 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £375,000 | 5 Jun 2020 |
| Detached |
| Freehold |
| Floor Area: 173 sq meters or 1,862 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 2020 the House Price Index for WEST MIDLANDS was 122.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.998%.Applying this 21.998% change to the original purchase price of £375,000 results in an estimated price of approximately £457,492.
| 5 Jun 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 149.7 | 21.998 % | £375,000 | £82,492 | £457,492 |
The Postcode Pricing Model uses changes in average sales price within the WV4 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 | -5.266 % | £-19,746 | £355,253 |
| 3 Month Average | 24.628 % | £92,356 | £467,356 |
| 6 Month Average | 24.107 % | £90,401 | £465,401 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £533,906 | £517,500 | 1 MUCHALL ROAD |
| 12 Oct 2023 | £434,877 | £425,000 | 28 APPLETON CRESCENT |
| 28 Sep 2023 | £887,054 | £867,500 | 1 GREAT HALL GROVE |
| 9 Aug 2023 | £646,663 | £635,000 | 52 SANDRINGHAM ROAD |
| 7 Jun 2023 | £165,823 | £162,500 | 86 MOUNT ROAD |
This house has a floor area of 173 sq meters or 1,862 sq feet when measured on 25 Oct 2019. Using an estimated price of £457,492 means this house is valued at £2,644 per sq meter (£245 per sq foot).
The average size of a house on MUCHALL ROAD is 125 sq meters (1,351 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hinstock Close |
| May 2024 | Other theft | Unable to prosecute suspect | On or near Hinstock Close |
| Apr 2024 | Other theft | Action to be taken by another organisation | On or near Hinstock Close |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sandhurst Drive |
| Jun 2024 | Violence and sexual offences | Offender given a caution | On or near Ascot Drive |