£137,601
This estimated value is based upon the latest sale price for the house of £110,000 on 2 Aug 2019. 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 | 2 Aug 2019 |
Terraced |
Freehold |
Floor Area: 82 sq meters or 882 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 2019 the House Price Index for WEST MIDLANDS was 80.9.
The House Price Index as of 1 Dec 2024 is 101.2 which is a change of 25.093%.Applying this 25.093% change to the original purchase price of £110,000 results in an estimated price of approximately £137,601.
2 Aug 2019 | 1 Dec 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
80.9 | 101.2 | 25.093 % | £110,000 | £27,601 | £137,601 |
The Postcode Pricing Model uses changes in average sales price within the WV14 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 | 52.638 % | £57,902 | £167,902 |
3 Month Average | 36.618 % | £40,279 | £150,279 |
6 Month Average | 35.385 % | £38,923 | £148,923 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Aug 2024 | £158,220 | £156,500 | 38 FAIRWAY GREEN |
17 Jul 2024 | £257,860 | £252,000 | 17 HUGHES ROAD |
26 Aug 2022 | £253,000 | £249,000 | 1 VILLIERS SQUARE |
26 May 2022 | £135,072 | £130,000 | 48 FAIRWAY GREEN |
14 Apr 2022 | £270,566 | £258,000 | ST JUDES VILLIERS AVENUE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 30 Apr 2019. Using an estimated price of £137,602 means this house is valued at £1,678 per sq meter (£155 per sq foot).
The average size of a house on HUGHES PLACE is 126 sq meters (1,361 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Anti-social behaviour | On or near Price Crescent | |
Oct 2024 | Anti-social behaviour | On or near Price Crescent | |
Oct 2024 | Anti-social behaviour | On or near Price Crescent | |
Oct 2024 | Anti-social behaviour | On or near Price Crescent | |
Nov 2024 | Criminal damage and arson | Under investigation | On or near Best Road |