£198,086
This estimated value is based upon the latest sale price for the house of £192,000 on 20 Dec 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £192,000 | 20 Dec 2023 |
| £64,000 | 30 Apr 2013 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 December 2023 the House Price Index for WEST MIDLANDS was 145.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.170%.Applying this 3.170% change to the original purchase price of £192,000 results in an estimated price of approximately £198,086.
| 20 Dec 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.1 | 149.7 | 3.170 % | £192,000 | £6,086 | £198,086 |
The Postcode Pricing Model uses changes in average sales price within the DY4 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 | -3.996 % | £-7,672 | £184,327 |
| 3 Month Average | -2.745 % | £-5,270 | £186,729 |
| 6 Month Average | -23.877 % | £-45,843 | £146,156 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £474,583 | £460,000 | 194 HIGH STREET |
| 20 Dec 2023 | £198,087 | £192,000 | 3 WEDNESBURY OAK ROAD |
| 31 Mar 2023 | £147,463 | £145,000 | 76 TURTON ROAD |
| 28 Mar 2023 | £230,855 | £227,000 | 2 CRANMORE CLOSE |
| 6 Mar 2023 | £152,548 | £150,000 | 56 ANDREW ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 27 Apr 2013. Using an estimated price of £198,087 means this house is valued at £2,641 per sq meter (£245 per sq foot).
The average size of a house on WEDNESBURY OAK ROAD is 99 sq meters (1,068 sq feet).
This house is the smallest in the street with a floor area of 75 sq meters (807 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Allen Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Allen Road |
| Jul 2024 | Other crime | Under investigation | On or near Allen Road |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Allen Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Allen Road |