£233,747
This estimated value is based upon the latest sale price for the house of £189,995 on 8 Feb 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£189,995 | 8 Feb 2019 |
Terraced |
Freehold |
Floor Area: 84 sq meters or 904 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 2019 the House Price Index for WEST MIDLANDS was 120.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.028%.Applying this 23.028% change to the original purchase price of £189,995 results in an estimated price of approximately £233,747.
8 Feb 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 148.0 | 23.028 % | £189,995 | £43,752 | £233,747 |
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 | 42.061 % | £79,914 | £269,909 |
3 Month Average | 17.842 % | £33,899 | £223,894 |
6 Month Average | 29.394 % | £55,846 | £245,841 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £172,211 | £170,000 | 9 ELDER ROAD |
21 Apr 2023 | £181,348 | £180,000 | 4 LAUREL GROVE |
28 Jun 2022 | £164,669 | £163,000 | 41 SORREL DRIVE |
1 Jun 2022 | £178,812 | £177,000 | 4 TILIA GROVE |
27 May 2022 | £167,490 | £165,000 | 15 ELDER ROAD |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 31 Jan 2019. Using an estimated price of £233,747 means this house is valued at £2,782 per sq meter (£258 per sq foot).
The average size of a house on TILIA GROVE is 91 sq meters (985 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Sorrel Drive |
Jan 2024 | Drugs | Under investigation | On or near Laurel Grove |
Jan 2024 | Anti-social behaviour | On or near Laurel Grove | |
Jan 2024 | Anti-social behaviour | On or near Laurel Grove | |
Jan 2024 | Anti-social behaviour | On or near Laurel Grove |