£853,799
This estimated value is based upon the latest sale price for the house of £700,000 on 15 Jan 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Petrol Station
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Price Paid | Date |
---|---|
£700,000 | 15 Jan 2020 |
£140,000 | 3 Feb 2017 |
Detached |
Freehold |
Floor Area: 497 sq meters or 5,349 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 January 2020 the House Price Index for WEST MIDLANDS was 121.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.971%.Applying this 21.971% change to the original purchase price of £700,000 results in an estimated price of approximately £853,799.
15 Jan 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.8 | 148.6 | 21.971 % | £700,000 | £153,799 | £853,799 |
The Postcode Pricing Model uses changes in average sales price within the WV13 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 | 43.934 % | £307,536 | £1,007,536 |
3 Month Average | 30.665 % | £214,657 | £914,657 |
6 Month Average | 29.758 % | £208,307 | £908,307 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Jul 2023 | £456,139 | £450,000 | 77 FIBBERSLEY |
30 Jun 2023 | £116,410 | £115,000 | 10 WELLINGTON TERRACE |
3 Mar 2023 | £378,567 | £375,000 | 1 SWAN PLACE |
6 Jan 2023 | £170,198 | £171,000 | 78 FIBBERSLEY |
24 Jun 2022 | £153,165 | £151,000 | 22 WELLINGTON TERRACE |
This house has a floor area of 497 sq meters or 5,349 sq feet when measured on 8 Aug 2018. Using an estimated price of £853,800 means this house is valued at £1,717 per sq meter (£159 per sq foot).
The average size of a house on SWAN PLACE is 547 sq meters (5,891 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Petrol Station |
Apr 2024 | Drugs | Investigation complete; no suspect identified | On or near Petrol Station |
Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Petrol Station |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Petrol Station |